Login

Ark. Code § 28-73-1006 : WILLS, ESTATES, AND FIDUCIARY RELATIONSHIPS — FIDUCIARY RELATIONSHIPS — ARKANSAS TRUST CODE — LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEES —73-1006 - Reliance on trust instrument

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 § 28-73-1006

Acts 2005, No. 1031, § 1.