Arkansas Statutes

§ 28-73-110 — Others treated as qualified beneficiaries

Arkansas·Title 28
(a)Whenever notice to qualified beneficiaries of a trust is required under this chapter, the trustee must also give notice to any other beneficiary who has sent the trustee a request for notice.
(b)A charitable organization expressly designated to receive distributions under the terms of a charitable trust has the rights of a qualified beneficiary under this chapter if the charitable organization, on the date the charitable organization's qualification is being determined:
(1)is a distributee or permissible distributee of trust income or principal;
(2)would be a distributee or permissible distributee of trust income or principal upon termination of the interests of other distributees or permissible distributees then receiving or eligible to receive distributions; or (3) would be a dist

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Related

Covenant Presbytery v. First Baptist Church
2015 Ark. App. 417 (Court of Appeals of Arkansas, 2015)
1 case citations

Legislative History

Acts 2005, No. 1031, § 1.

Nearby Sections

15
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