A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.
Ark. Code Ann. § 28-73-1006
Reliance on trust instrument
Known as the Arkansas Trust Code
The act spans §§ 28-73-1001 to 28-73-908 (103 sections).
Acts 2005, No. 1031, § 1.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.