Ark. Code § 28-49-115

Current with legislation from 2024 Fiscal and Special Sessions.
Section 28-49-115 - Investment of funds

Subject to his or her primary duty to preserve the estate for prompt distribution and to the terms of the will, if any, the personal representative, whenever it is reasonable to do so, shall invest the funds of the estate and make them productive. The investments shall be restricted to those permitted to guardians by the Probate Code.

Ark. Code § 28-49-115

Acts 1949, No. 140, § 106; A.S.A. 1947, § 62-2413.