Powers of trust director. [Effective January 1, 2020.]

  1. Law
  2. Arkansas Code
  3. Wills, Estates, and Fiduciary Relationships
  4. Fiduciary Relationships
  5. Uniform Directed Trust Act [Effective January 1, 2020]
  6. Powers of trust director. [Effective January 1, 2020.]

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  1. (a) Subject to § 28-76-107, the terms of a trust may grant a power of direction to a trust director.

  2. (b) Unless the terms of a trust provide otherwise:

    1. (1) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (a); and

    2. (2) trust directors with joint powers must act by majority decision.


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