Browse Arkansas Code titles and sections
18-2-102. Commutation of single life interest.
Arkansas Code — all titles (historical 2020) · legal_authorities
18-2-102. Commutation of single life interest.
In any legal proceeding wherein the court shall decree that a vested right to future income for life from property is to be commuted and an amount payable in gross be substituted for the property right, then the value of the interest shall be computed by use of the table and in the manner described in the example appearing in § 18-2-105 unless parties to the proceeding submit an agreement for a division of the proceeds which the court approves.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 18-2-102
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:18-2-102
Source file: gov.ar.code.title.18.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5c00cf776968698912b5d09f4e3cd35e3aee4d619c20b110e92edfdb293d508f
Source location: content.xml paragraph 57
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18-2-102. Commutation of single life interest.
In any legal proceeding wherein the court shall decree that a vested right to future income for life from property is to be commuted and an amount payable in gross be substituted for the property right, then the value of the interest shall be computed by use of the table and in the manner described in the example appearing in § 18-2-105 unless parties to the proceeding submit an agreement for a division of the proceeds which the court approves.
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Arkansas Code — all titles (historical 2020) · legal_authorities
18-2-105. Table and example.
(a) Table:
Age Average Remaining Lifetime Immediate Whole Life Annuity at Various Rates of Interest 4% 6% 8% 10% 12% Years Years Dollars Dollars Dollars Dollars Dollars 1 74.97 23.6260 16.4428 12.4579 9.9913 8.3314 2 75.37 23.6474 16.4480 12.4592 9.9917 8.3315 3 74.47 23.5988 16.4362 12.4562 9.9909 8.3313 4 73.54 23.5467 16.4234 12.4530 9.9901 8.3311 5 72.59 23.4916 16.4095 12.4494 9.9891 8.3308 6 71.63 23.4337 16.3947 12.4455 9.9881 8.3306 7 70.67 23.3736 16.3791 12.4413 9.9869 8.3302 8 69.70 23.3105 16.3623 12.4368 9.9857 8.3299 9 68.73 23.2450 16.3446 12.4319 9.9843 8.3295 10 67.75 23.1763 16.3257 12.4266 9.9827 8.3290 11 66.77 23.1048 16.3057 12.4208 9.9811 8.3285 12 65.80 23.0313 16.2847 12.4147 9.9792 8.3279 13 64.82 22.9542 16.2623 12.4080 9.9772 8.3273 14 63.84 22.8740 16.2385 12.4008 9.9749 8.3266 15 62.87 22.7916 16.2136 12.3931 9.9725 8.3258 16 61.90 22.7059 16.1872 12.3848 9.9699 8.3249 17 60.94 22.6179 16.1597 12.3760 9.9670 8.3240 18 59.97 22.5255 16.1302 12.3664 9.9638 8.3229 19 59.02 22.4316 16.0996 12.3562 9.9603 8.3217 20 58.06 22.3330 16.0670 12.3452 9.9565 8.3204 21 57.10 22.2307 16.0325 12.3333 9.9524 8.3189 22 56.15 22.1256 15.9964 12.3207 9.9479 8.3172 23 55.19 22.0153 15.9579 12.3069 9.9429 8.3154 24 54.24 21.9020 15.9175 12.2923 9.9374 8.3134 25 53.29 21.7844 15.8749 12.2765 9.9315 8.3111 26 52.33 21.6610 15.8293 12.2594 9.9250 8.3085 27 51.38 21.5342 15.7817 12.2412 9.9178 8.3057 28 50.42 21.4012 15.7308 12.2213 9.9100 8.3025 29 49.47 21.2646 15.6775 12.2002 9.9014 8.2990 30 48.52 21.1228 15.6212 12.1774 9.8921 8.2951 31 47.57 20.9756 15.5617 12.1530 9.8819 8.2908 32 46.62 20.8229 15.4988 12.1266 9.8707 8.2860 33 45.68 20.6660 15.4330 12.0986 9.8586 8.2806 34 44.73 20.5015 15.3628 12.0682 9.8452 8.2747 35 43.79 2
Source: Arkansas Code — historical release 78 (November 6, 2020) · 18-2-105
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 18-2-105. This identifies an authority to review, not proof of applicability.