The meaning and effect of the terms of a trust are determined by:
(1) the law of the jurisdiction designated in the terms unless the designation of that jurisdiction's law is contrary to a strong public policy of the jurisdiction having the most significant relationship to the matter at issue; or
(2) in the absence of a controlling designation in the terms of the trust, the law of the jurisdiction having the most significant relationship to the matter at issue.
Structure Arkansas Code
Title 28 - Wills, Estates, and Fiduciary Relationships
Subtitle 5 - Fiduciary Relationships
Chapter 73 - Arkansas Trust Code
Subchapter 1 - General Provisions and Definitions
§ 28-73-103. Definitions. [Effective until January 1, 2020.]
§ 28-73-103. Definitions. [Effective January 1, 2020.]
§ 28-73-105. Default and mandatory rules
§ 28-73-106. Common law of trusts — Principles of equity
§ 28-73-108. Principal place of administration
§ 28-73-109. Methods and waiver of notice
§ 28-73-110. Others treated as qualified beneficiaries