Loading chat...
AR HB1382
Bill
Status
4/7/2017
Primary Sponsor
Jimmie Gazaway
Click for details
AI Summary
-
Amends Arkansas Code § 28-41-102(d) to authorize a distributee to issue a deed of distribution for real property and deliver notice of ownership transfer to the county assessor after the three-month claim period lapses and no claims are presented or all claims are satisfied.
-
Requires a distributee to file a petition for estate administration within three months if a claim against the estate is presented during the notice period.
-
Allows a distributee to avoid filing a petition if a claim is satisfied without using decedent's property, provided the claimant presents an acknowledgement of satisfaction.
-
Requires a new notice publication and new filing fee when a petition for estate administration is filed; specifies that previous small estate notice publication is insufficient for the administration petition.
-
Clarifies that distributees are not entitled to a credit or refund of the affidavit filing fee paid under the small estate collection process.
Legislative Description
To Amend The Law Concerning The Collection Of A Small Estate By A Distributee; And To Establish Procedures To Be Followed After A Claim Is Filed Against A Small Estate.
Last Action
Notification that HB1382 is now Act 1021
4/7/2017