Arkansas Code
Subchapter 4 - Arkansas Custodial Trust Act
§ 28-72-422. Severability

If any provision of this act or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the act which can be given effect without the invalid provision or application, and to this end the provisions of this act are declared to be severable.

Structure Arkansas Code

Arkansas Code

Title 28 - Wills, Estates, and Fiduciary Relationships

Subtitle 5 - Fiduciary Relationships

Chapter 72 - Particular Trusts

Subchapter 4 - Arkansas Custodial Trust Act

§ 28-72-401. Definitions

§ 28-72-402. Custodial trust — General

§ 28-72-403. Custodial trustee for future payment or transfer

§ 28-72-404. Form and effect of receipt and acceptance by custodial trustee — Jurisdiction

§ 28-72-405. Transfer to custodial trustee by fiduciary or obligor — Facility of payment

§ 28-72-406. Multiple beneficiaries — Separate custodial trusts — Survivorship

§ 28-72-407. General duties of custodial trustee

§ 28-72-408. General powers of custodial trustee

§ 28-72-409. Use of custodial trust property

§ 28-72-410. Determination of incapacity — Effect

§ 28-72-411. Exemption of third person from liability

§ 28-72-412. Liability to third person

§ 28-72-413. Declination, resignation, incapacity, death, or removal of custodial trustee — Designation of successor custodial trustee

§ 28-72-414. Expenses, compensation, and bond of custodial trustee

§ 28-72-415. Reporting and accounting by custodial trustee — Determination of liability of custodial trustee

§ 28-72-416. Limitations of action against custodial trustee

§ 28-72-417. Distribution on termination

§ 28-72-418. Methods and forms for creating custodial trusts

§ 28-72-419. Applicable law

§ 28-72-420. Uniformity of application and construction

§ 28-72-421. Title

§ 28-72-422. Severability