Ark. Code Ann. § 6-84-108

Naming of designated beneficiary and transfers of accounts

Known as the Arkansas Tax-Deferred Tuition Savings Program Act

The act spans §§ 6–6 (14 sections).

Acts 1999, No. 996, § 10; 2003, No. 515, § 1; 2007, No. 218, § 5; 2011, No. 787, § 5; 2015, No. 580, § 9; 2017, No. 155, § 5; 2017, No. 884, § 10; 2018 (2nd Ex

(1) An account owner shall have the right to name the designated beneficiary of an account and at any time to change the designated beneficiary of an account to another individual who is a member of the family of the former designated beneficiary.

(2) At the direction of an account owner, all or a portion of an account may be transferred to another account of which the designated beneficiary is a member of the family of the designated beneficiary of the transferee account if the transferee account was created by this chapter or under another qualified tuition program maintained in accordance with 26 U.S.C. § 529, as in effect on January 1, 2018.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.