Arkansas § 28-77-306 Unitrust rate

Arkansas Statutes

§ 28-77-306 — Unitrust rate

Arkansas § 28-77-306

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This text of Arkansas § 28-77-306 (Unitrust rate) 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. § 28-77-306 (2026).

Text

(a)Except as otherwise provided in § 28-77-309(b)(1) , a unitrust rate may be:

(1)a fixed unitrust rate; or (2) a unitrust rate that is determined for each period using:

(A)a market index or other published data; or (B) a mathematical blend of market indices or other published data over a stated number of preceding periods.

(b)Except as otherwise provided in § 28-77-309(b)(1) , a unitrust policy may provide:

(1)a limit on how high the unitrust rate determined under subsection (a)(2) may rise;

(2)a limit on how low the unitrust rate determined under subsection (a)(2) may fall;

(3)a limit on how much the unitrust rate determined under subsection (a)(2) may increase over the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of precedi

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(a) Except as otherwise provided in § 28-77-309(b)(1) , a unitrust rate may be: (1) a fixed unitrust rate; or (2) a unitrust rate that is determined for each period using: (A) a market index or other published data; or (B) a mathematical blend of market indices or other published data over a stated number of preceding periods. (b) Except as otherwise provided in § 28-77-309(b)(1) , a unitrust policy may provide: (1) a limit on how high the unitrust rate determined under subsection (a)(2) may rise; (2) a limit on how low the unitrust rate determined under subsection (a)(2) may fall; (3) a limit on how much the unitrust rate determined under subsection (a)(2) may increase over the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods; (4) a limit on how much the unitrust rate determined under subsection (a)(2) may decrease below the unitrust rate for the preceding period or a mathematical blend of unitrust rates over a stated number of preceding periods; or (5) a mathematical blend of any of the unitrust rates determined under subsection (a)(2) and paragraphs (1) through (4).