Arkansas § 28-15-110 Protection of third person

Arkansas Statutes

§ 28-15-110 — Protection of third person

Arkansas § 28-15-110

Title28

This text of Arkansas § 28-15-110 (Protection of third person) 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. § 28-15-110 (2026).

Text

(a)With respect to property to which this chapter applies, a person is not liable under this chapter to the extent the person:

(1)transacts in good faith and for value:

(A)with a community-property spouse; or (B) after the death of the decedent, with a surviving community-property spouse, personal representative, heir, devisee, or nonprobate transferee of the decedent; and (2) does not know or have reason to know that the other party to the transaction is exceeding or improperly exercising the party's authority.

(b)Good faith under subsection (a)(1) does not require the person to inquire into the extent or propriety of the exercise of authority by the other party to the transaction.

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(a) With respect to property to which this chapter applies, a person is not liable under this chapter to the extent the person: (1) transacts in good faith and for value: (A) with a community-property spouse; or (B) after the death of the decedent, with a surviving community-property spouse, personal representative, heir, devisee, or nonprobate transferee of the decedent; and (2) does not know or have reason to know that the other party to the transaction is exceeding or improperly exercising the party's authority. (b) Good faith under subsection (a)(1) does not require the person to inquire into the extent or propriety of the exercise of authority by the other party to the transaction.