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ARKANSAS STATUTES AND CODES
§ 28-73-417 - Combination and division of trusts.
28-73-417. Combination and division of trusts.
(a) (1) After notice to the qualified beneficiaries, a trustee may combine two (2) or more trusts into a single trust or divide a trust into two (2) or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust.
(2) A trustee may exercise the authority granted in this section without court approval.
(b) This section does not repeal the Trustee Division of Trusts Act, 28-69-701 et seq.
(a) (1) After notice to the qualified beneficiaries, a trustee may combine two (2) or more trusts into a single trust or divide a trust into two (2) or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust.
(2) A trustee may exercise the authority granted in this section without court approval.
(b) This section does not repeal the Trustee Division of Trusts Act, 28-69-701 et seq.
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