Arkansas Statutes

§ 28-72-206 — Liability of trustee and the trust estate

Arkansas § 28-72-206

This text of Arkansas § 28-72-206 (Liability of trustee and the trust estate) 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. § 28-72-206 (2026).

Text

No trustee of such a trust, or any beneficiary thereof, shall be charged with any liability whatsoever by reason of any act or omission committed or suffered in the performance of the purposes of the trust. However, liability for any act or omission so committed or suffered shall extend to the whole of the trust estate, or so much thereof as may be necessary to discharge the liability, and not otherwise.

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Legislative History

Acts 1961, No. 459, § 6; A.S.A. 1947, § 58-406.

Nearby Sections

15
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Bluebook (online)
Arkansas § 28-72-206, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/28-72-206.