Known as the Arkansas Trust Code
The act spans §§ 28–28 (103 sections).
Applied in 1 court decision — leading case 2022 Ark. App. 75 - Bobbi Bennett Patterson v. Keith Bennett and Deborah Bennett (2022)
Most recently applied in 2022 Ark. App. 75 - Bobbi Bennett Patterson v. Keith Bennett and Deborah Bennett (February 2022)
Acts 2005, No. 1031, § 1.
(1) This chapter applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment, or decree that requires the trust to be administered in the manner of an express trust.
(2) Notwithstanding subsection (a), this chapter does not apply to public trusts that are governed by § 28-72-201 et seq.