GroundRules
Ark. Code Ann. § 24-2-619: Language invoking standard of subchapter
Where this section sits in the code
- AR Code
- Title 24
- Chapter 2
- Subchapter 6
The following terms or comparable language in the provisions of a trust, unless otherwise limited or modified, authorizes any investment or strategy permitted under this subchapter:
(1) "Investments permissible by law for investment of trust funds";
(2) "Legal investments";
(3) "Authorized investments";
(4) "Using the judgment and care under the circumstances then prevailing that 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";
(5) "Prudent man rule";
(6) "Prudent trustee rule";
(7) "Prudent person rule"; and
(8) "Prudent investor rule".
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