§ 23-47-302 - Scope of subchapter. - Arkansas Statutes

23-47-302. Scope of subchapter.

(a) This subchapter applies to accounts in this state.

(b) This subchapter does not apply to:

(1) An account established for a partnership, joint venture, or other organization for a business purpose;

(2) An account controlled by one (1) or more persons as an agent or trustee for a corporation, unincorporated association, or charitable or civic organization; or

(3) A fiduciary or trust account in which the relationship is established other than by the terms of the account.