Arkansas Code Annotated
Ark. Code Ann. § 24-2-610 (2026)
Prudent investor rule
✓ current as of May 2026
- Except as otherwise provided in subsection (b) of this section, trustees who invest and manage trust assets owe a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in §§ 24-2-610 — 24-2-619.
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- The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust.
- Trustees are not liable to a beneficiary to the extent that the trustees acted in reasonable reliance on the provisions of the trust.
History. Acts 2001, No. 151, § 8.
Notes of Decisions
Cited in 1
case, 2011–2011 · leading case: Arkansas Teacher Ret. Sys. v. Short, 381 S.W.3d 834 (Ark. 2011).
Arkansas Teacher Ret. Sys. v. Short, 381 S.W.3d 834 (Ark. 2011). “In managing its assets, ATRS is required to comply with the “prudent investor rule” set forth in Arkansas Code Annotated sections 24-2-610 to -619 (Supp.2009). By law, it also must strive to invest not less than five percent of its assets in Arkansas-related investments “so as…”
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