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ARKANSAS STATUTES AND CODES

§ 23-51-127 - Engaging in commerce prohibited.

23-51-127. Engaging in commerce prohibited.

Except as otherwise provided by this chapter or regulations adopted under this chapter, a state trust company may not invest its funds in trade or commerce by buying, selling, or otherwise dealing in goods or by owning or operating a business not part of the state trust business, except as necessary to fulfil a fiduciary obligation to a client.

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