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AR HB1455

Bill

Official Source

Status

Passed

3/15/2021

Primary Sponsor

Andrew Collins

Click for details

Origin

House of Representatives

93rd General Assembly (2021 Regular)

AI Summary

  • Changes terminology from "letter of attorney" to "power of attorney" throughout Arkansas Code § 18-12-501 and § 18-12-502
  • Requires a power of attorney containing authority to convey real estate be acknowledged or proved, certified, and recorded with any deed made under that power of attorney
  • Powers of attorney must be proved or acknowledged before courts or officers authorized to take probate of real estate deeds
  • Allows revocation of a power of attorney only by the maker or their legal representatives through a written instrument that must be acknowledged, proved, and filed for record in the relevant county or counties
  • Powers of attorney become revoked and void from the time the revocation is filed for record

Legislative Description

To Amend The Law Concerning The Conveyance Of Real Property By Power Of Attorney.

Last Action

Notification that HB1455 is now Act 356

3/15/2021

Committee Referrals

Judiciary3/4/2021
Insurance and Commerce2/9/2021

Full Bill Text

No bill text available