Skip to main content
Find a Lawyer

Arkansas Code Title 18. Property § 18-2-101. Legislative intent and purpose

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The purpose of this subchapter is to establish a simple and accurate method for computing the present value of both vested life and remainder interests in property through the use of actuarial tables and to make the actuarial tables used in connection therewith current.

(b) Nothing contained in this subchapter is intended:

(1) To provide when a court shall order a life interest commuted and so payable in gross; or

(2) To change the existing jurisdiction of the courts under which such a decree requiring commutation may issue.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Arkansas Code Title 18. Property § 18-2-101. Legislative intent and purpose - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-18-property/ar-code-sect-18-2-101/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard