It has been found that Acts 1967, No. 250 limits the kinds of properties that may be transferred to the custodian of a minor and there is a need to expand the kinds of properties that may be the subject of a gift to a minor's custodian. Therefore, an emergency is hereby declared to exist and this subchapter, being immediately necessary for the preservation of the free flow of commerce, shall be in full force and effect from and after March 21, 1985.
Structure Arkansas Code
Chapter 26 - Rights Respecting Business and Property
Subchapter 2 - Arkansas Uniform Transfers to Minors Act
§ 9-26-202. Scope and jurisdiction
§ 9-26-203. Nomination of custodian
§ 9-26-204. Transfer by gift or exercise of power of appointment
§ 9-26-205. Transfer authorized by will or trust
§ 9-26-206. Other transfer by fiduciary
§ 9-26-207. Transfer by obligor
§ 9-26-208. Receipt for custodial property
§ 9-26-210. Single custodianship
§ 9-26-211. Validity and effect of transfer
§ 9-26-212. Care of custodial property
§ 9-26-213. Powers of custodian
§ 9-26-214. Use of custodial property
§ 9-26-215. Custodian's expenses — Compensation — Bond
§ 9-26-216. Exemption of a third person from liability
§ 9-26-217. Liability to third persons
§ 9-26-219. Accounting by and determination of liability of custodian
§ 9-26-220. Termination of custodianship
§ 9-26-222. Effect on existing custodianships