reglab/housing_qa huggingface dataset:
AR Code § 28-71-105 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 71 - Investment Of Trust Funds|§ 28-71-105. Standard of judgment and care — Prudent investor rule

 In acquiring, investing, reinvesting, exchanging, retaining, selling, and managing property held in a fiduciary capacity, other than trusts subject to the prudent investor rule as set forth in the Arkansas Trust Code, § 28-73-101 et seq., the fiduciary shall exercise the judgment and care under the circumstances then prevailing which persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation, but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital.
AR Code § 28-71-106 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 71 - Investment Of Trust Funds|§ 28-71-106. Investments authorized

 (a) Within the limitations of the standard set forth in § 28-71-105, a fiduciary is authorized to acquire and retain every kind of real, personal, or mixed property and every kind of investment, specifically including, but not by way of limitation, bonds, debentures, and other corporate obligations, preferred or common stocks, shares or interests in common trust funds, and securities of any open-end or closed-end management-type investment company or investment trust registered under the Federal Investment Company Act of 1940, as amended, which persons of prudence, discretion, and intelligence acquire or retain for their own account.  (b)  (1) Whenever a fiduciary is authorized or required by the instrument, judgment, decree, or order establishing the fiduciary relationship to invest funds in specifically described securities, the fiduciary may, unless expressly prohibited by such an instrument, judgment, decree, or order, invest such funds in any investment company or investment trust described in subsection (a) of this section, the portfolio of which is limited to such specifically described securities and to repurchase agreements fully collateralized by such specifically described securities, provided that the investment company or investment trust takes delivery of the collateral either directly or through an authorized custodian.  (2) Notwithstanding any other provision of state law, this subsection shall apply to all funds deposited with or controlled by any bank trustee acting in a fiduciary capacity in connection with the issuance, sale or redemption of bonds, notes, and other certificates of indebtedness.    (c) Unless expressly prohibited by the instrument, judgment, decree, or order establishing the fiduciary relationship, a fiduciary may invest funds in certificates of deposit and savings accounts of any state bank or national bank whose deposits are insured by the Federal Deposit Insurance Corporation and whose main office is in this state, including itself, if the fiduciary is a bank.  (d) Whenever the express terms or limitations set forth in any instrument use the terms “legal investment” or “authorized investment” or words of similar import, the words shall be taken to mean any investment authorized or permitted by this section.  (e) Consistent with the trustee's investment powers, a trustee may make temporary investments of funds in short-term interest-bearing obligations or deposits, or other short-term liquid investments. Trustees are authorized to charge reasonable fees for this service in addition to other compensation to which the trustee is entitled.
AR Code § 28-71-107 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 71 - Investment Of Trust Funds|§ 28-71-107. Limited investment in private venture capital projects authorized

 (a) Unless prohibited by federal law or regulations promulgated thereunder, but notwithstanding any law or rule of this state to the contrary, fiduciaries and financial institutions may invest up to no more than two and one-half percent (2½%) of their funds eligible for investment, but not more than ten percent (10%) of their capital, including common capital stock, certified surplus, capital notes, and undivided profits, in Arkansas private venture capital projects without being in contravention of any prudent investor rule. This limitation is applicable only at the time of investment, and it shall not constitute a contravention of the prudent investor rule if investments in Arkansas private venture capital projects are in excess of this limitation by virtue of a reduction in the amount of funds eligible for investment.  (b) The primary state regulators of the fiduciaries making such investments under this section shall promulgate rules for the implementation of this section.  (c)  (1) The prudent investor rule is embodied in several laws of this state pertaining to the investment of funds by financial institutions and fiduciaries, and the General Assembly has determined that the people of this state would benefit by the limited relaxation of the prudent investor rule to the extent that fiduciaries and financial institutions should be allowed to invest a small portion of their assets in private venture capital projects within this state.  (2) It is the intent of this section to allow fiduciaries and financial institutions to invest up to two and one-half percent (2½%) of their funds eligible for investment, but not more than ten percent (10%) of their capital, including common capital stock, certified surplus, capital notes, and undivided profits, in Arkansas private venture capital projects without incurring liability for violation of the prudent investor rule.
AR Code § 28-75-101 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-101. Short title

 This chapter may be cited as the “Revised Uniform Fiduciary Access to Digital Assets Act”.
AR Code § 28-75-103 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-103. Applicability

 (a) This chapter applies to:  (1) a fiduciary acting under a will or power of attorney executed before, on, or after August 1, 2017;  (2) a personal representative acting for a decedent who died before, on, or after August 1, 2017;  (3) a guardianship of the estate proceeding commenced before, on, or after August 1, 2017; and  (4) a trustee acting under a trust created before, on, or after August 1, 2017.    (b) This chapter applies to a custodian if the user resides in this state or resided in this state at the time of the user's death.  (c) This chapter does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer's business.
AR Code § 28-75-104 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-104. User direction for disclosure of digital assets

 (a) A user may use an online tool to direct the custodian to disclose to a designated recipient or not to disclose some or all of the user's digital assets, including the content of electronic communications. If the online tool allows the user to modify or delete a direction at all times, a direction regarding disclosure using an online tool overrides a contrary direction by the user in a will, trust, power of attorney, or other record.  (b) If a user has not used an online tool to give direction under subsection (a) or if the custodian has not provided an online tool, the user may allow or prohibit in a will, trust, power of attorney, or other record, disclosure to a fiduciary of some or all of the user's digital assets, including the content of electronic communications sent or received by the user.  (c) A user's direction under subsection (a) or (b) overrides a contrary provision in a terms-of-service agreement that does not require the user to act affirmatively and distinctly from the user's assent to the terms of service.
AR Code § 28-75-105 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-105. Terms-of-service agreement

 (a) This chapter does not change or impair a right of a custodian or a user under a terms-of-service agreement to access and use digital assets of the user.  (b) This chapter does not give a fiduciary or a designated recipient any new or expanded rights other than those held by the user for whom, or for whose estate, the fiduciary or a designated recipient acts or represents.  (c) A fiduciary's or a designated recipient's access to digital assets may be modified or eliminated by a user, by federal law, or by a terms-of-service agreement if the user has not provided direction under § 28-75-104.
AR Code § 28-75-106 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-106. Procedure for disclosing digital assets

 (a) When disclosing digital assets of a user under this chapter, the custodian may at its sole discretion:  (1) grant a fiduciary or designated recipient full access to the user's account;  (2) grant a fiduciary or designated recipient partial access to the user's account sufficient to perform the tasks with which the fiduciary or designated recipient is charged; or  (3) provide a fiduciary or designated recipient a copy in a record of any digital asset that, on the date the custodian received the request for disclosure, the user could have accessed if the user were alive and had full capacity and access to the account.    (b) A custodian may assess a reasonable administrative charge for the cost of disclosing digital assets under this chapter.  (c) A custodian need not disclose under this chapter a digital asset deleted by a user.  (d) If a user directs or a fiduciary requests a custodian to disclose under this chapter some, but not all, of the user's digital assets, the custodian need not disclose the assets if segregation of the assets would impose an undue burden on the custodian. If the custodian believes the direction or request imposes an undue burden, the custodian or fiduciary may seek an order from the court to disclose:  (1) a subset limited by date of the user's digital assets;  (2) all of the user's digital assets to the fiduciary or designated recipient;  (3) none of the user's digital assets; or  (4) all of the user's digital assets to the court for review in camera.
AR Code § 28-75-107 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-107. Disclosure of content of electronic communications of deceased user

 If a deceased user consented or a court directs disclosure of the contents of electronic communications of the user, the custodian shall disclose to the personal representative of the estate of the user the content of an electronic communication sent or received by the user if the representative gives the custodian:   (1) a written request for disclosure in physical or electronic form;  (2) a certified copy of the death certificate of the user;  (3) a certified copy of Letters Testamentary, Letters of Administration, or a small-estate affidavit or court order;  (4) unless the user provided direction using an online tool, a copy of the user's will, trust, power of attorney, or other record evidencing the user's consent to disclosure of the content of electronic communications; and  (5) if requested by the custodian:  (A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the user's account;  (B) evidence linking the account to the user; or  (C) a finding by the court that:  (i) the user had a specific account with the custodian, identifiable by the information specified in subparagraph (5)(A);  (ii) disclosure of the content of electronic communications of the user would not violate 18 U.S.C. § 2701 et seq., as amended, 47 U.S.C. § 222, as amended, or other applicable law;  (iii) unless the user provided direction using an online tool, the user consented to disclosure of the content of electronic communications; or  (iv) disclosure of the content of electronic communications of the user is reasonably necessary for administration of the estate.
AR Code § 28-75-108 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-108. Disclosure of other digital assets of deceased user

 Unless the user prohibited disclosure of digital assets or the court directs otherwise, a custodian shall disclose to the personal representative of the estate of a deceased user a catalogue of electronic communications sent or received by the user and digital assets, other than the content of electronic communications, of the user, if the representative gives the custodian:   (1) a written request for disclosure in physical or electronic form;  (2) a certified copy of the death certificate of the user;  (3) a certified copy of the Letters Testamentary, Letters of Administration, or a small-estate affidavit or court order; and  (4) if requested by the custodian:  (A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the user's account;  (B) evidence linking the account to the user;  (C) an affidavit stating that disclosure of the user's digital assets is reasonably necessary for administration of the estate; or  (D) a finding by the court that:  (i) the user had a specific account with the custodian, identifiable by the information specified in subparagraph (4)(A); or  (ii) disclosure of the user's digital assets is reasonably necessary for administration of the estate.
AR Code § 28-75-109 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-109. Disclosure of content of electronic communications of principal

 To the extent a power of attorney expressly grants an agent authority over the content of electronic communications sent or received by the principal and unless directed otherwise by the principal or the court, a custodian shall disclose to the agent the content if the agent gives the custodian:   (1) a written request for disclosure in physical or electronic form;  (2) an original or copy of the power of attorney expressly granting the agent authority over the content of electronic communications of the principal;  (3) a certification by the agent, under penalty of perjury, that the power of attorney is in effect; and  (4) if requested by the custodian:  (A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the principal's account; or  (B) evidence linking the account to the principal.
AR Code § 28-75-110 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-110. Disclosure of other digital assets of principal

 Unless otherwise ordered by the court, directed by the principal, or provided by a power of attorney, a custodian shall disclose to an agent with specific authority over digital assets or general authority to act on behalf of a principal a catalogue of electronic communications sent or received by the principal and digital assets, other than the content of electronic communications, of the principal if the agent gives the custodian:   (1) a written request for disclosure in physical or electronic form;  (2) an original or a copy of the power of attorney that gives the agent specific authority over digital assets or general authority to act on behalf of the principal;  (3) a certification by the agent, under penalty of perjury, that the power of attorney is in effect; and  (4) if requested by the custodian:  (A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the principal's account; or  (B) evidence linking the account to the principal.
AR Code § 28-75-111 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-111. Disclosure of digital assets held in trust when trustee is original user

 Unless otherwise ordered by the court or provided in a trust, a custodian shall disclose to a trustee that is an original user of an account any digital asset of the account held in trust, including a catalogue of electronic communications of the trustee and the content of electronic communications.
AR Code § 28-75-112 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-112. Disclosure of contents of electronic communications held in trust when trustee not original user

 Unless otherwise ordered by the court, directed by the user, or provided in a trust, a custodian shall disclose to a trustee that is not an original user of an account the content of an electronic communication sent or received by an original or successor user and carried, maintained, processed, received, or stored by the custodian in the account of the trust if the trustee gives the custodian:   (1) a written request for disclosure in physical or electronic form;  (2) a certified copy of the trust instrument or a certification of the trust under § 28-73-1013 that includes consent to disclosure of the content of electronic communications to the trustee;  (3) a certification by the trustee, under penalty of perjury, that the trust exists and the trustee is a currently acting trustee of the trust; and  (4) if requested by the custodian:  (A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the trust's account; or  (B) evidence linking the account to the trust.
AR Code § 28-75-113 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-113. Disclosure of other digital assets held in trust when trustee not original user

 Unless otherwise ordered by the court, directed by the user, or provided in a trust, a custodian shall disclose, to a trustee that is not an original user of an account, a catalogue of electronic communications sent or received by an original or successor user and stored, carried, or maintained by the custodian in an account of the trust and any digital assets, other than the content of electronic communications, in which the trust has a right or interest if the trustee gives the custodian:   (1) a written request for disclosure in physical or electronic form;  (2) a certified copy of the trust instrument or a certification of the trust under § 28-73-1013;  (3) a certification by the trustee, under penalty of perjury, that the trust exists and the trustee is a currently acting trustee of the trust; and  (4) if requested by the custodian:  (A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the trust's account; or  (B) evidence linking the account to the trust.
AR Code § 28-75-114 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 5 - Fiduciary Relationships|Chapter 75 - Revised Uniform Fiduciary Access to Digital Assets Act|§ 28-75-114. Disclosure of digital assets to guardian of estate

 (a) After an opportunity for a hearing under state guardianship law, the court may grant a guardian of the estate access to the digital assets of a ward.  (b) Unless otherwise ordered by the court or directed by the user, a custodian shall disclose to a guardian of the estate the catalogue of electronic communications sent or received by a ward and any digital assets, other than the content of electronic communications, in which the ward has a right or interest if the guardian of the estate gives the custodian:  (1) a written request for disclosure in physical or electronic form;  (2) a certified copy of the court order that gives the guardian of the estate authority over the digital assets of the ward; and  (3) if requested by the custodian:  (A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the account of the ward; or  (B) evidence linking the account to the ward.      (c) A guardian of the estate with general authority to manage the assets of a ward may request a custodian of the digital assets of the ward to suspend or terminate an account of the ward for good cause. A request made under this section must be accompanied by a certified copy of the court order giving the guardian of the estate authority over the ward's property.