Ark. Code § 28-73-708

Current with all legislation passed during the 2023 Regular and First Extraordinary Sessions.
Section 28-73-708 - Compensation of trustee
(a) If the terms of a trust do not specify the trustee's compensation, a trustee is entitled to compensation that is reasonable under the circumstances.
(b) If the terms of a trust specify the trustee's compensation, the trustee is entitled to be compensated as specified, but the court may allow more or less compensation if:
(1) the duties of the trustee are substantially different from those contemplated when the trust was created; or
(2) the compensation specified by the terms of the trust would be unreasonably low or high.

Ark. Code § 28-73-708

Acts 2005, No. 1031, § 1.