Go to previous versions
of
this Section
Arkansas Code of 1987 (2023)
Title 18 - PROPERTY (§§ 18-1-101 — 18-61-106)
Subtitle 1 - GENERAL PROVISIONS (§§ 18-1-101 — 18-4-208)
Chapter 3 - UNIFORM STATUTORY RULE AGAINST PERPETUITIES (§§ 18-3-101 — 18-3-109)
Section 18-3-103 - Reformation
Universal Citation:
AR Code § 18-3-103 (2023)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the 365 years allowed by § 18-3-101(a)(2), § 18-3-101(b)(2), or § 18-3-101(c)(2) if:
- (1) a nonvested property interest or a power of appointment becomes invalid under § 18-3-101;
- (2) a class gift is not but might become invalid under § 18-3-101 and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or
- (3) a nonvested property interest that is not validated by § 18-3-101(a)(1) can vest but not within 365 years after its creation.
Amended by Act 2023, No. 719,§ 2, eff. 8/1/2023.
Acts 2007, No. 240, § 1.
Disclaimer: These codes may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
