Ark. Code § 28-73-506

Current with legislation from 2024 Fiscal and Special Sessions.
Section 28-73-506 - Overdue distribution

Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date.

Ark. Code § 28-73-506

Acts 2005, No. 1031, § 1.