Ark. Code Ann. § 28-73-1003

Damages in absence of breach

Year: 2026Length: 134 wordsSubsections: 2
(a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. (b) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit. Acts 2005, No. 1031, § 1. (a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. (b) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit. Acts 2005, No. 1031, § 1.
Ark. Code Ann. § 28-73-1003: Damages in absence of breach | Justis AI