GroundRules
Ark. Code Ann. § 23-51-193: Affiliates
Where this section sits in the code
- AR Code
- Title 23
- Chapter 51
(a) Any person acting as a trustee or in any other fiduciary capacity under § 23-51-192 may hire and compensate, as a delegate, an affiliate of the person if: (1) Authorized by a trust or fiduciary instrument; (2) Authorized by court order; (3) Authorized in writing by each affected client; or (4) The standards of § 23-51-192 are satisfied. (b) Fees paid to an affiliate shall be competitive with fees charged by nonaffiliates that provide substantially similar services. Acts 1997, No. 940, § 93.
(a) Any person acting as a trustee or in any other fiduciary capacity under § 23-51-192 may hire and compensate, as a delegate, an affiliate of the person if: (1) Authorized by a trust or fiduciary instrument; (2) Authorized by court order; (3) Authorized in writing by each affected client; or (4) The standards of § 23-51-192 are satisfied.
(1) Authorized by a trust or fiduciary instrument;
(2) Authorized by court order;
(3) Authorized in writing by each affected client; or
(4) The standards of § 23-51-192 are satisfied.
(b) Fees paid to an affiliate shall be competitive with fees charged by nonaffiliates that provide substantially similar services.
Collected 2026-09-17T21:35:43Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source