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Bill > HB1832


AR HB1832

AR HB1832
To Amend The Permissible Investments A Guardian Of The Estate May Make On Behalf Of A Ward.


summary

Introduced
03/31/2023
In Committee
04/03/2023
Crossed Over
Passed
Dead
05/01/2023

Introduced Session

94th General Assembly (2023 Regular)

Bill Summary

AN ACT TO AMEND THE PERMISSIBLE INVESTMENTS A GUARDIAN OF THE ESTATE MAY MAKE MAY MAKE ON BEHALF OF A WARD; AND FOR OTHER PURPOSES.

AI Summary

This bill amends Arkansas law to allow guardians of the estate to invest on behalf of their wards in the Arkansas Brighter Future Fund Plan, which is a college savings plan established under state law. The bill expands the list of permissible investments that guardians can make without obtaining a court order, providing them with an additional investment option to consider when managing their ward's assets.

Committee Categories

Justice

Sponsors (3)

Last Action

Died in House Committee at Sine Die Adjournment (on 05/01/2023)

Bill Topics

Education
  • ‐ Higher Education
Law, Crime, and Family Issues
  • ‐ Family Issues

bill text


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