{"data":{"id":"us-ar/ark.-code-ann.-28-73-901","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 28-73-901","heading":"Prudent investor rule","body":"(a) Except as otherwise provided in subsection (b), a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this subchapter.\n\n(b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.","path":["AR Code","Title 28","Chapter 73","Subchapter 9"],"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":"32cc6f008df8563c853d1d0067d40e3792cce7840d6de9b6019db2a3031e5525","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-28-73-818","next":"us-ar/ark.-code-ann.-28-73-902"},"notice":"GroundRules: Original legal text. Not legal advice."}