Arkansas Statutes

§ 28-72-704 — Powers of settlor

Arkansas § 28-72-704

This text of Arkansas § 28-72-704 (Powers of settlor) 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. § 28-72-704 (2026).

Text

(a)The settlor of a spendthrift trust or domestic asset protection trust has only the powers and rights that are conferred to the settlor by the trust instrument.
(b)An agreement or understanding, express or implied, between the settlor and the trustee that attempts to grant or permit the retention of greater rights or authority than is stated in the trust instrument is void.

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Legislative History

Added by Act 2023, No. 291,§ 1, eff. 8/1/2023.

Nearby Sections

15
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Bluebook (online)
Arkansas § 28-72-704, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/28-72-704.