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28-72-206. Liability of trustee and the trust estate.
Arkansas Code — all titles (historical 2020) · legal_authorities
28-72-206. Liability of trustee and the trust estate.
No trustee of such a trust, or any beneficiary thereof, shall be charged with any liability whatsoever by reason of any act or omission committed or suffered in the performance of the purposes of the trust. However, liability for any act or omission so committed or suffered shall extend to the whole of the trust estate, or so much thereof as may be necessary to discharge the liability, and not otherwise.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 28-72-206
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:28-72-206
Source file: gov.ar.code.title.28.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d4d10b40f36763d54ffd51038bc38b40f4fedbf5bb642816a2029e04db8415cc
Source location: content.xml paragraph 12311
Stored source content
28-72-206. Liability of trustee and the trust estate.
No trustee of such a trust, or any beneficiary thereof, shall be charged with any liability whatsoever by reason of any act or omission committed or suffered in the performance of the purposes of the trust. However, liability for any act or omission so committed or suffered shall extend to the whole of the trust estate, or so much thereof as may be necessary to discharge the liability, and not otherwise.
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