Arkansas Code Title 28, Subtitle 5, Chapter 73, Subchapter 9 - Uniform Prudent Investor Act

• § 28-73-901 - Prudent Investor Rule.
  (a) Except as otherwise provided in subsection (b), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the...
• § 28-73-902 - Standard of Care -- Portfolio Strategy -- Risk and Return Objectives.
  (a) A trustee shall invest and manage trust assets as a prudent investor would, by considering the purposes, terms, distribution requirements, and other circumstances...
• § 28-73-903 - Diversification.
  A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust...
• § 28-73-904 - Duties At Inception of Trusteeship.
  Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions...
• § 28-73-905 - Reviewing Compliance.
  Compliance with the prudent investor rule is determined in light of the facts and circumstances existing at the time of a trustee's decision or...
• § 28-73-906 - Language Invoking Standard of Subchapter.
  The following terms or comparable language in the provisions of a trust, unless otherwise limited or modified, authorizes any investment or strategy permitted under...
• § 28-73-907 - Application to Existing Trusts.
  This subchapter applies to trusts existing on and created after September 1, 2005.
• § 28-73-908 - Uniformity of Application and Construction.
  This subchapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this...

Last modified: November 15, 2016