Browse Arkansas Code titles and sections
28-71-105. Standard of judgment and care — Prudent investor rule.
Arkansas Code — all titles (historical 2020) · legal_authorities
28-71-105. Standard of judgment and care — Prudent investor rule.
In acquiring, investing, reinvesting, exchanging, retaining, selling, and managing property held in a fiduciary capacity, other than trusts subject to the prudent investor rule as set forth in the Arkansas Trust Code, § 28-73-101 et seq., the fiduciary shall exercise the judgment and care under the circumstances then prevailing which persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation, but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 28-71-105
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:28-71-105
Source file: gov.ar.code.title.28.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 6252c13cc5ac6cc4324a98e894f17f6dad2bbd8f712431f518a5ecbc5fb29f3d
Source location: content.xml paragraph 12172
Stored source content
28-71-105. Standard of judgment and care — Prudent investor rule.
In acquiring, investing, reinvesting, exchanging, retaining, selling, and managing property held in a fiduciary capacity, other than trusts subject to the prudent investor rule as set forth in the Arkansas Trust Code, § 28-73-101 et seq., the fiduciary shall exercise the judgment and care under the circumstances then prevailing which persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation, but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital.
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Arkansas Code — all titles (historical 2020) · legal_authorities
28-73-101. Short title.
This chapter may be cited as the Arkansas Trust Code.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 28-73-101
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 28-73-101. This identifies an authority to review, not proof of applicability.