Arkansas Code Title 28, Subtitle 5, Chapter 72, Subchapter 2 - Public Trusts

• § 28-72-201 - Public Trusts Authorized.
  Express trusts may be created in real or personal property, or either or both, or any estate in either or both, with the state,...
• § 28-72-202 - Acceptance of Trust.
  (a) No public trust shall become effective until the beneficial interest therein shall have been accepted by a beneficiary thereof, and the trust shall...
• § 28-72-203 - Trustee -- Appointment and Powers.
  The instrument creating the trust may provide for the appointment, succession, powers, duties, term, and compensation of the trustee and may be for the...
• § 28-72-204 - Lease of Property to Trustee.
  The officers or any other governmental or municipal authorities having the custody, management, or control of any property of any beneficiary of such a...
• § 28-72-205 - Amendment or Termination of Trust Instrument.
  The instrument creating any public trust may be amended, or the trust may be terminated, by agreement of the trustee, or, if there is...
• § 28-72-206 - Liability of Trustee and the Trust Estate.
  No trustee of such a trust, or any beneficiary thereof, shall be charged with any liability whatsoever by reason of any act or omission...
• § 28-72-207 - Trust Estate Exempt From Taxation.
  For all purposes of taxation under the authority of the state or any of its governmental or taxing subdivisions, the trust estate and its...

Last modified: November 15, 2016