Arkansas Statutes

§ 28-73-804 — Prudent administration

Arkansas·Title 28
A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

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Arkansas § 28-73-804 (Prudent administration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2005, No. 1031, § 1.

Nearby Sections

15
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