(a) Trustees who comply with the requirements of § 24-2-618(a) are not liable to the beneficiaries or to the trust for the decisions or actions of the agent to whom the function was delegated.
(b) By accepting the delegation of a trust function from the trustees of a trust that is subject to the law of this state, an agent submits to the jurisdiction of the courts of this state.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 12 - Local Officers And Employees — Miscellaneous Provisions
Subchapter 2 - Investment Advisor to Invest Plan Assets
§ 24-12-201. Definitions — Power to invest
§ 24-12-202. Authority to employ investment advisor — Investment policy