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AR HB1832

Bill

Official Source

Status

Failed

5/1/2023

Primary Sponsor

Jimmie Gazaway

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Amends Arkansas Code § 28-65-311(c)(1) to expand permissible investments a guardian of the estate may make without court approval
  • Adds the Arkansas Brighter Future Fund Plan (§ 6-84-101 et seq.) as an authorized investment option for ward estates
  • Allows guardians to invest ward funds in the 529 education savings plan without obtaining prior court order
  • Applies to the 94th General Assembly, Regular Session, 2023

Legislative Description

To Amend The Permissible Investments A Guardian Of The Estate May Make On Behalf Of A Ward.

Last Action

Died in House Committee at Sine Die Adjournment

5/1/2023

Committee Referrals

Judiciary4/3/2023

Full Bill Text

No bill text available