Arkansas § 9-26-205 Transfer authorized by will or trust

Arkansas Statutes

§ 9-26-205 — Transfer authorized by will or trust

Arkansas § 9-26-205

Title9

This text of Arkansas § 9-26-205 (Transfer authorized by will or trust) 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. § 9-26-205 (2026).

Text

(a)A personal representative or trustee may make an irrevocable transfer pursuant to § 9-26-209 to a custodian for the benefit of a minor as authorized in the governing will or trust.

(b)If the testator or settlor has nominated a custodian under § 9-26-203 to receive the custodial property, the transfer must be made to that person.

(c)If the testator or settlor has not nominated a custodian under § 9-26-203 , or all persons so nominated as a custodian die before the transfer or are unable, decline, or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under § 9-26-209 .

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A personal representative or trustee may make an irrevocable transfer pursuant to § 9-26-209 to a custodian for the benefit of a minor as authorized in the governing will or trust. (b) If the testator or settlor has nominated a custodian under § 9-26-203 to receive the custodial property, the transfer must be made to that person. (c) If the testator or settlor has not nominated a custodian under § 9-26-203 , or all persons so nominated as a custodian die before the transfer or are unable, decline, or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under § 9-26-209 .