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9-26-221. Applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
9-26-221. Applicability.
This subchapter shall apply to a transfer within the scope of § 9-26-202 made after March 21, 1985, if:
(1) the transfer purports to have been made under the Uniform Gifts to Minors Act [repealed]; or
(2) the instrument by which the transfer purports to have been made uses in substance the designation “as custodian under the Uniform Gifts to Minors Act [repealed]” or “as custodian under the Uniform Transfers to Minors Act” of any other state, and the application of this subchapter is necessary to validate the transfer.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 9-26-221
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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Record provenance
Stable record: arkansas_code:legal_authorities:9-26-221
Source file: gov.ar.code.title.09.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 87bfa071208243eba6d55e9ec53b629624399b72ab5bfd5d0f4ad709993e2b39
Source location: content.xml paragraph 13799
Stored source content
9-26-221. Applicability.
This subchapter shall apply to a transfer within the scope of § 9-26-202 made after March 21, 1985, if:
(1) the transfer purports to have been made under the Uniform Gifts to Minors Act [repealed]; or
(2) the instrument by which the transfer purports to have been made uses in substance the designation “as custodian under the Uniform Gifts to Minors Act [repealed]” or “as custodian under the Uniform Transfers to Minors Act” of any other state, and the application of this subchapter is necessary to validate the transfer.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
9-26-202. Scope and jurisdiction.
(a) This subchapter shall apply to a transfer that refers to this subchapter in the designation under § 9-26-209(a) by which the transfer is made if at the time of the transfer, the transferor, minor, or the custodian is a resident of this state or the custodial property is located in this state. The custodianship so created remains subject to this subchapter despite a subsequent change in residence of a transferor, the minor, or the custodian, or the removal of custodial property from this state.
(b) A person designated as custodian under this subchapter is subject to personal jurisdiction in this state with respect to any matter relating to the custodianship.
(c) A transfer that purports to be made and which is valid under this subchapter, the Uniform Gifts to Minors Act [repealed], or a substantially similar act of another state is governed by the law of the designated state and may be executed and is enforceable in this state if at the time of the transfer, the transferor, the minor, or the custodian is a resident of the designated state or the custodial property is located in the designated state.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 9-26-202
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 9-26-202. This identifies an authority to review, not proof of applicability.