Affiliates.
Ark. Code Ann. § 23-51-1102
in effect(a) A person acting as a trustee or in any other fiduciary capacity under § 23-51-1101, may hire and compensate, as a delegate, an affiliate of the person if:
(1) Authorized by a trust or fiduciary instrument;
(2) Authorized by court order;
(3) Authorized in writing by each affected client; or
(4) The standards of § 23-51-1101 are satisfied.
(b) Fees paid to an affiliate shall be competitive with fees charged by nonaffiliates that provide substantially similar services.
Source: Arkansas General Assembly, Acts of 2021-2026 (arkleg.state.ar.us)URL: https://arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=237.pdf&ddBienniumSession=2025%2F2025RFetched: 11/8/2026
