{"data":{"id":"us-ar/ark.-code-ann.-28-73-502","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 28-73-502","heading":"Spendthrift provision","body":"(a) A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest.\n\n(b) A term of a trust providing that the interest of a beneficiary is held subject to a \"spendthrift trust\", or words of similar import, is sufficient to restrain both voluntary and involuntary transfer of the beneficiary's interest.\n\n(c) A beneficiary may not transfer an interest in a trust in violation of a valid spendthrift provision and, except as otherwise provided in this subchapter, a creditor or assignee of the beneficiary may not reach the interest or a distribution by the trustee before its receipt by the beneficiary.","path":["AR Code","Title 28","Chapter 73","Subchapter 5"],"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":"82145100c6697c561ad64de8a16325133dd0ecc87426b1a1d02a4ec2246608dc","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-28-73-501","next":"us-ar/ark.-code-ann.-28-73-504"},"notice":"GroundRules: Original legal text. Not legal advice."}