Arkansas Statutes

§ 28-76-111 — No duty to monitor, inform, or advise

Arkansas § 28-76-111

This text of Arkansas § 28-76-111 (No duty to monitor, inform, or advise) 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. § 28-76-111 (2026).

Text

(a)Unless the terms of a trust provide otherwise:
(1)a trustee does not have a duty to:
(A)monitor a trust director; or (B) inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and (2) by taking an action described in paragraph (1), a trustee does not assume the duty excluded by paragraph (1).
(b)Unless the terms of a trust provide otherwise:
(1)a trust director does not have a duty to:
(A)monitor a trustee or another trust director; or (B) inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and (2) by taking an action descri

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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 § 28-76-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/28-76-111.