Powers of trust director

Ark. Code Ann. § 28-76-106 — under Uniform Directed Trust Act.

Ark. Code Ann. § 28-76-106

(a) Subject to § 28-76-107, the terms of a trust may grant a power of direction to a trust director.

(b) Unless the terms of a trust provide otherwise:(1) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (a); and(2) trust directors with joint powers must act by majority decision.

(1) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (a); and

(2) trust directors with joint powers must act by majority decision.