{"data":{"id":"us-ar/ark.-code-ann.-28-72-411","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 28-72-411","heading":"Exemption of third person from liability","body":"A third person in good faith and without a court order may act on instructions of, or otherwise deal with, a person purporting to make a transfer as, or purporting to act in the capacity of, a custodial trustee. In the absence of knowledge to the contrary, the third person is not responsible for determining:\n\n(1) the validity of the purported custodial trustee's designation;\n\n(2) the propriety of, or the authority under this subchapter for, any action of the purported custodial trustee;\n\n(3) the validity or propriety of an instrument executed or instruction given pursuant to this subchapter either by the person purporting to make a transfer or declaration or by the purported custodial trustee; or\n\n(4) the propriety of the application of property vested in the purported custodial trustee.","path":["AR Code","Title 28","Chapter 72","Subchapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"64316073a9707e8fdece33f39e8e9911ded937421ce16aca6871f343193ba1f8","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-28-72-410","next":"us-ar/ark.-code-ann.-28-72-412"},"notice":"GroundRules: Original legal text. Not legal advice."}