Ark. Code § 28-25-111

Current with legislation from the 2023 Regular and First Extraordinary Sessions.
Section 28-25-111 - Life insurance policy or annuity contract - Proceeds

A testamentary change to a designated or named beneficiary of a life insurance policy or annuity contract is ineffective if the change is not made according to the terms of the life insurance policy or annuity contract.

Ark. Code § 28-25-111

Added by Act 2021, No. 925,§ 2, eff. 7/28/2021.