Chapter 73 - Arkansas Trust Code
- Subchapter 1 - General Provisions and Definitions
- § 28-73-101 - Short title.
- § 28-73-102 - Scope.
- § 28-73-103 - Definitions.
- § 28-73-104 - Knowledge.
- § 28-73-105 - Default and mandatory rules.
- § 28-73-106 - Common law of trusts -- Principles of equity.
- § 28-73-107 - Governing law.
- § 28-73-108 - Principal place of administration.
- § 28-73-109 - Methods and waiver of notice.
- § 28-73-110 - Others treated as qualified beneficiaries.
- § 28-73-111 - Nonjudicial settlement agreements.
- § 28-73-112 - Rules of construction.
- Subchapter 2 - Judicial Proceedings
- Subchapter 3 - Representation
- § 28-73-301 - Representation -- Basic effect.
- § 28-73-302 - Representation by holder of general testamentary power of appointment.
- § 28-73-303 - Representation by fiduciaries and parents.
- § 28-73-304 - Representation by person having substantially identical interest.
- § 28-73-305 - Appointment of representative.
- Subchapter 4 - Creation, Validity, Modification, and Termination of Trust
- § 28-73-401 - Methods of creating trust.
- § 28-73-402 - Requirements for creation.
- § 28-73-403 - Trusts created in other jurisdictions.
- § 28-73-404 - Trust purposes.
- § 28-73-405 - Charitable purposes -- Enforcement.
- § 28-73-406 - Creation of trust induced by fraud, duress, or undue influence.
- § 28-73-407 - Evidence of oral trust.
- § 28-73-408 - Trust for care of animal.
- § 28-73-409 - Noncharitable trust without ascertainable beneficiary.
- § 28-73-410 - Modification or termination of trust -- Proceedings for approval or disapproval.
- § 28-73-411 - Modification or termination of noncharitable irrevocable trust by consent.
- § 28-73-412 - Modification or termination because of unanticipated circumstances or inability to administer trust effectively.
- § 28-73-413 - Cy pres.
- § 28-73-414 - Modification or termination of uneconomic trust.
- § 28-73-415 - Reformation to correct mistakes.
- § 28-73-416 - Modification to achieve settlor's tax objectives.
- § 28-73-417 - Combination and division of trusts.
- Subchapter 5 - Creditor's Claims -- Spendthrift and Discretionary Trusts
- § 28-73-501 - Rights of beneficiary's creditor or assignee.
- § 28-73-502 - Spendthrift provision.
- § 28-73-503 - [Reserved.]
- § 28-73-504 - Discretionary trusts -- Effect of standard.
- § 28-73-505 - Creditor's claim against settlor.
- § 28-73-506 - Overdue distribution.
- § 28-73-507 - Personal obligations of trustee.
- Subchapter 6 - Revocable Trusts
- Subchapter 7 - Office of Trustee
- § 28-73-701 - Accepting or declining trusteeship.
- § 28-73-702 - Trustee's bond.
- § 28-73-703 - Cotrustees.
- § 28-73-704 - Vacancy in trusteeship -- Appointment of successor.
- § 28-73-705 - Resignation of trustee.
- § 28-73-706 - Removal of trustee.
- § 28-73-707 - Delivery of property by former trustee.
- § 28-73-708 - Compensation of trustee.
- § 28-73-709 - Reimbursement of expenses.
- Subchapter 8 - Duties and Powers of Trustee
- § 28-73-801 - Duty to administer trust.
- § 28-73-802 - Duty of loyalty.
- § 28-73-803 - Impartiality.
- § 28-73-804 - Prudent administration.
- § 28-73-805 - Costs of administration.
- § 28-73-806 - Trustee's skills.
- § 28-73-807 - Delegation by trustee.
- § 28-73-808 - Powers to direct.
- § 28-73-809 - Control and protection of trust property.
- § 28-73-810 - Recordkeeping and identification of trust property.
- § 28-73-811 - Enforcement and defense of claims.
- § 28-73-812 - Collecting trust property.
- § 28-73-813 - Duty to inform and report.
- § 28-73-814 - Discretionary powers -- Tax savings.
- § 28-73-815 - General powers of trustee.
- § 28-73-816 - Specific powers of trustee.
- § 28-73-817 - Distribution upon termination.
- Subchapter 9 - Uniform Prudent Investor Act
- § 28-73-901 - Prudent investor rule.
- § 28-73-902 - Standard of care -- Portfolio strategy -- Risk and return objectives.
- § 28-73-903 - Diversification.
- § 28-73-904 - Duties at inception of trusteeship.
- § 28-73-905 - Reviewing compliance.
- § 28-73-906 - Language invoking standard of subchapter.
- § 28-73-907 - Application to existing trusts.
- § 28-73-908 - Uniformity of application and construction.
- Subchapter 10 - Liability of Trustees and Rights of Persons Dealing With Trustees
- § 28-73-1001 - Remedies for breach of trust.
- § 28-73-1002 - Damages for breach of trust.
- § 28-73-1003 - Damages in absence of breach.
- § 28-73-1004 - Attorney's fees and costs.
- § 28-73-1005 - Limitation of action against trustee.
- § 28-73-1006 - Reliance on trust instrument.
- § 28-73-1007 - Event affecting administration or distribution.
- § 28-73-1008 - Exculpation of trustee.
- § 28-73-1009 - Beneficiary's consent, release, or ratification.
- § 28-73-1010 - Limitation on personal liability of trustee.
- § 28-73-1011 - Interest as general partner.
- § 28-73-1012 - Protection of person dealing with trustee.
- § 28-73-1013 - Certification of trust.
- Subchapter 11 - Miscellaneous Provisions