Ark. Code § 23-51-133
Current with legislation from 2024 Fiscal and Special Sessions.
A state trust company may not pledge or create a lien on any of its assets except to secure the repayment of money borrowed or as specifically authorized or required by § 23-51-130, or by rules adopted under this chapter. An act, deed, conveyance, pledge, or contract in violation of this section is void.
Ark. Code § 23-51-133