Arkansas Statutes
§ 28-72-404 — Form and effect of receipt and acceptance by custodial trustee - Jurisdiction
Arkansas·Title 28
(a)Obligations of a custodial trustee, including the obligation to follow directions of the beneficiary, arise under this subchapter upon the custodial trustee's acceptance, express or implied, of the custodial trust property.
(b)The custodial trustee's acceptance may be evidenced by a writing stating in substance: Click here to view form.
(c)Upon accepting custodial trust property, a person designated as custodial trustee under this subchapter is subject to personal jurisdiction of the court with respect to any matter relating to the custodial trust.
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Arkansas § 28-72-404 (Form and effect of receipt and acceptance by custodial trustee - Jurisdiction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1991, No. 273, § 4.
Nearby Sections
15
§ 28-1-101
Title§ 28-1-102
Definitions§ 28-1-103
Effect of code§ 28-1-104
Probate proceedings§ 28-1-106
Referees and probate clerks§ 28-1-108
Records§ 28-1-109
Petition - Verification§ 28-1-110
Filing objections to petition§ 28-1-111
Guardians and attorneys ad litem§ 28-1-112
Notice - Service - Proof - Costs§ 28-1-113
Waiver of notice§ 28-1-115
Vacation and modification of orders§ 28-1-116
Appeals§ 28-1-117
Use of certified mail permitted§ 28-1-118
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