Arkansas Statutes

§ 28-76-106 — Powers of trust director

Arkansas § 28-76-106

This text of Arkansas § 28-76-106 (Powers of trust director) 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. § 28-76-106 (2026).

Text

(a)Subject to § 28-76-107 , the terms of a trust may grant a power of direction to a trust director.
(b)Unless the terms of a trust provide otherwise:
(1)a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (a); and (2) trust directors with joint powers must act by majority decision.

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Legislative History

Added by Act 2019, No. 1021,§ 5, eff. 1/1/2020.

Nearby Sections

15
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Bluebook (online)
Arkansas § 28-76-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/28-76-106.