To the extent there is no conflict of interest between the holder of a general testamentary power of appointment and the persons represented with respect to the particular question or dispute, the holder may represent and bind persons whose interests, as permissible appointees, takers in default, or otherwise, are subject to the power.
Ark. Code Ann. § 28-73-302
Representation by holder of general testamentary power of appointment
Known as the Arkansas Trust Code
The act spans §§ 28–28 (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.