Arkansas Statutes

§ 28-73-904 — Duties at inception of trusteeship

Arkansas·Title 28
Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust, and with the requirements of this subchapter.

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Related

Wetzel v. Regions Bank (In Re Reagan)
433 B.R. 263 (W.D. Arkansas, 2010)
1 case citations

Legislative History

Acts 2005, No. 1031, § 1.

Nearby Sections

15
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