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Section 28-73-804 - Prudent administration — Arkansas Law | CourtGPT
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  4. Title 28 - Wills, Estates, and Fiduciary Relationships (§§ 28-1-101 — 28)/
  5. Subtitle 5 - Fiduciary Relationships/
  6. Chapter 73 - Arkansas Trust Code Sub/
  7. Subchapter 8 - Duties and Powers of Trustee/
  8. Section 28-73-804 - Prudent administration
Arkansas Legal Code

Section 28-73-804 - Prudent administration

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A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.Acts 2005, No. 1031, § 1.

A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.Acts 2005, No. 1031, § 1.