Loading chat...

AR HB1940

Bill

Status

Failed

10/15/2021

Primary Sponsor

Jimmie Gazaway

Click for details

Origin

House of Representatives

93rd General Assembly (2021 Regular)

AI Summary

  • Amends Arkansas Code § 18-12-608(d)(4) to allow beneficiary deeds to be revoked, altered, or amended by will provisions if the owner is the sole owner of the real property.

  • Prohibits revocation, alteration, or amendment of beneficiary deeds by will if there is more than one owner of the real property.

  • Adds new section 28-26-106 establishing that a testator's real property conveyed by beneficiary deed may be revoked, altered, or amended by will if the testator executed the will after conveying the property and is the sole owner.

Legislative Description

To Provide For The Revocation Of A Beneficiary Deed By Will Under Certain Circumstances.

Last Action

Died in House Committee at Sine Die Adjournment

10/15/2021

Committee Referrals

Judiciary4/15/2021

Full Bill Text

No bill text available