Arkansas § 18-3-103 Reformation

Arkansas Statutes

§ 18-3-103 — Reformation

Arkansas § 18-3-103

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This text of Arkansas § 18-3-103 (Reformation) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 18-3-103 (2026).

Text

Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the 365 years allowed by § 18-3-101(a)(2) , § 18-3-101(b)(2) , or § 18-3-101(c)(2) if:

(1)a nonvested property interest or a power of appointment becomes invalid under § 18-3-101 ;

(2)a class gift is not but might become invalid under § 18-3-101 and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or (3) a nonvested property interest that is not validated by § 18-3-101(a)(1) can vest but not within 365 years after its creation.

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Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the 365 years allowed by § 18-3-101(a)(2) , § 18-3-101(b)(2) , or § 18-3-101(c)(2) if: (1) a nonvested property interest or a power of appointment becomes invalid under § 18-3-101 ; (2) a class gift is not but might become invalid under § 18-3-101 and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or (3) a nonvested property interest that is not validated by § 18-3-101(a)(1) can vest but not within 365 years after its creation.