Arkansas Code Title 28, Subtitle 5, Chapter 73, Subchapter 1 - General Provisions and Definitions

• § 28-73-101 - Short Title.
  This chapter may be cited as the Arkansas Trust Code.
• § 28-73-102 - Scope.
  (a) This chapter applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires the trust...
• § 28-73-103 - Definitions.
  In this chapter: (1) "Action", with respect to an act of a trustee, includes a failure to act. (2) "Ascertainable standard" means a standard...
• § 28-73-104 - Knowledge.
  (a) Subject to subsection (b), a person has knowledge of a fact if the person: (1) has actual knowledge of it; (2) has received...
• § 28-73-105 - Default and Mandatory Rules.
  (a) Except as otherwise provided in the terms of the trust, this chapter governs the duties and powers of a trustee, relations among trustees,...
• § 28-73-106 - Common Law of Trusts -- Principles of Equity.
  The common law of trusts and principles of equity supplement this chapter, except to the extent modified by this chapter or another statute of...
• § 28-73-107 - Governing Law.
  The meaning and effect of the terms of a trust are determined by: (1) the law of the jurisdiction designated in the terms unless...
• § 28-73-108 - Principal Place of Administration.
  (a) Without precluding other means for establishing a sufficient connection with the designated jurisdiction, terms of a trust designating the principal place of administration...
• § 28-73-109 - Methods and Waiver of Notice.
  (a) Notice to a person under this chapter or the sending of a document to a person under this chapter must be accomplished in...
• § 28-73-110 - Others Treated As Qualified Beneficiaries.
  (a) Whenever notice to qualified beneficiaries of a trust is required under this chapter, the trustee must also give notice to any other beneficiary...
• § 28-73-111 - Nonjudicial Settlement Agreements.
  (a) For purposes of this section, "interested persons" means persons whose consent would be required in order to achieve a binding settlement were the...
• § 28-73-112 - Rules of Construction.
  The rules of construction that apply in this state to the interpretation of and disposition of property by will also apply as appropriate to...

Last modified: November 15, 2016