In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee.
Ark. Code Ann. § 28-76-114
Defenses in action against trust director. [Effective January 1, 2020.]
Known as the Uniform Directed Trust Act
The act spans §§ 28-76-101 to 28-76-118 (18 sections).
Acts 2019, No. 1021, § 5.
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.