Arkansas Statutes
§ 24-2-619 — Language invoking standard of subchapter
Arkansas § 24-2-619
JurisdictionArkansas
Title24
This text of Arkansas § 24-2-619 (Language invoking standard of subchapter) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 24-2-619 (2026).
Text
The following terms or comparable language in the provisions of a trust, unless otherwise limited or modified, authorizes any investment or strategy permitted under this subchapter:
(1)"Investments permissible by law for investment of trust funds";
(2)"Legal investments";
(3)"Authorized investments";
(4)"Using the judgment and care under the circumstances then prevailing that persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital";
(5)"Prudent man rule";
(6)"Prudent trustee rule";
(7)"Prudent person rule"; and (8) "Prudent investor rule".
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Legislative History
Acts 2001, No. 151, § 8.
Nearby Sections
15
§ 24-1-101
Assets and income for retirement systems§ 24-1-102
Annual valuation§ 24-1-103
Change of contribution rate§ 24-1-105
Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited§ 24-1-106
Benefit enhancements§ 24-1-201
Declaration of policy§ 24-1-202
Definitions§ 24-1-203
Rules§ 24-1-206
Agents§ 24-1-207
Contributions - State employeesCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 24-2-619, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/24-2-619.