reglab/housing_qa huggingface dataset:
AR Code § 28-14-101 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-101. Definitions

 In this chapter, unless the context otherwise requires:   (1) “Beneficiary form” means a registration of a security which indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner.  (2) “Devisee” means any person designated in a will to receive a disposition of real or personal property.  (3) “Heirs” means those persons, including the surviving spouse, who are entitled under the statutes of intestate succession to the property of a decedent.  (4) “Person” means an individual, a corporation, an organization, or other legal entity.  (5) “Personal representative” includes executor, administrator, successor personal representative, special administrator, and persons who perform substantially the same function under the law governing their status.  (6) “Property” includes both real and personal property or any interest therein and means anything that may be the subject of ownership.  (7) “Register,” including its derivatives, means to issue a certificate showing the ownership of a certificated security or, in the case of an uncertificated security, to initiate or transfer an account showing ownership of securities.  (8) “Registering entity” means a person who originates or transfers a security title by registration, and includes a broker maintaining security accounts for customers and a transfer agent or other person acting for or as an issuer of securities.  (9) “Security” means a share, participation, or other interest in property, in a business, or in an obligation of an enterprise or other issuer, and includes a certificated security, an uncertificated security, and a security account.  (10) “Security account” means (i) a reinvestment account associated with a security, a securities account with a broker, a cash balance in a brokerage account, cash, interest, earnings, or dividends earned or declared on a security in an account, a reinvestment account, or a brokerage account, whether or not credited to the account before the owner's death, or (ii) a cash balance or other property held for or due to the owner of a security as a replacement for or product of an account security, whether or not credited to the account before the owner's death.  (11) “State” includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, and any territory or possession subject to the legislative authority of the United States.
AR Code § 28-14-102 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-102. Registration in beneficiary form — Sole or joint tenancy ownership

 Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.
AR Code § 28-14-103 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-103. Registration in beneficiary form — Applicable law

 A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization of the issuer or registering entity, the location of the registering entity's principal office, the office of its transfer agent or its office making the registration, or by this or a similar statute of the law of the state listed as the owner's address at the time of registration. A registration governed by the law of a jurisdiction in which this or similar legislation is not in force or was not in force when a registration in beneficiary form was made is nevertheless presumed to be valid and authorized as a matter of contract law.
AR Code § 28-14-104 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-104. Origination of registration in beneficiary form

 A security, whether evidenced by certificate or account, is registered in beneficiary form when the registration includes a designation of a beneficiary to take the ownership at the death of the owner or the deaths of all multiple owners.
AR Code § 28-14-105 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-105. Form of registration in beneficiary form

 Registration in beneficiary form may be shown by the words “transfer on death” or the abbreviation “TOD,” or by the words “pay on death” or the abbreviation “POD,” after the name of the registered owner and before the name of a beneficiary.
AR Code § 28-14-106 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-106. Effect of registration in beneficiary form

 The designation of a TOD beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be cancelled or changed at any time by the sole owner or all then surviving owners without the consent of the beneficiary.
AR Code § 28-14-107 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-107. Ownership on death of owner

 On death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary form passes to the beneficiary or beneficiaries who survive all owners. On proof of death of all owners and compliance with any applicable requirements of the registering entity, a security registered in beneficiary form may be reregistered in the name of the beneficiary or beneficiaries who survived the death of all owners. Until division of the security after the death of all owners, multiple beneficiaries surviving the death of all owners hold their interests as tenants in common. If no beneficiary survives the death of all owners, the security belongs to the estate of the deceased sole owner or the estate of the last to die of all multiple owners.
AR Code § 28-14-108 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-108. Protection of registering entity

 (a) A registering entity is not required to offer or to accept a request for security registration in beneficiary form. If a registration in beneficiary form is offered by a registering entity, the owner requesting registration in beneficiary form assents to the protections given to the registering entity by this chapter.  (b) By accepting a request for registration of a security in beneficiary form, the registering entity agrees that the registration will be implemented on death of the deceased owner as provided in this chapter.  (c) A registering entity is discharged from all claims to a security by the estate, creditors, heirs, or devisees of a deceased owner if it registers a transfer of the security in accordance with § 28-14-107 and does so in good faith reliance (i) on the registration, (ii) on this chapter, and (iii) on information provided to it by affidavit of the personal representative of the deceased owner, or by the surviving beneficiary or by the surviving beneficiary's representatives, or other information available to the registering entity. The protections of this chapter do not extend to a reregistration or payment made after a registering entity has received written notice from any claimant to any interest in the security objecting to implementation of a registration in beneficiary form. No other notice or other information available to the registering entity affects its right to protection under this chapter.  (d) The protection provided by this chapter to the registering entity of a security does not affect the rights of beneficiaries in disputes between themselves and other claimants to ownership of the security transferred or its value or proceeds.
AR Code § 28-14-109 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-109. Nontestamentary transfer on death

 (a) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this chapter and is not testamentary.  (b) This chapter does not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state.
AR Code § 28-14-110 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-110. Terms, conditions, and forms for registration

 (a) A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive requests (i) for registrations in beneficiary form, and (ii) for implementation of registrations in beneficiary form, including requests for cancellation of previously registered TOD beneficiary designations and requests for reregistration to effect a change of beneficiary. The terms and conditions so established may provide for proving death, avoiding or resolving any problems concerning fractional shares, designating primary and contingent beneficiaries, and substituting a named beneficiary's descendants to take in the place of the named beneficiary in the event of the beneficiary's death. Substitution may be indicated by appending to the name of the primary beneficiary the letters LDPS, standing for “lineal descendants per stirpes.” This designation substitutes a deceased beneficiary's descendants who survive the owner for a beneficiary who fails to so survive, the descendants to be identified and to share in accordance with the law of the beneficiary's domicile at the owner's death governing inheritance by descendants of an intestate. Other forms of identifying beneficiaries who are to take on one or more contingencies, and rules for providing proofs and assurances needed to satisfy reasonable concerns by registering entities regarding conditions and identities relevant to accurate implementation of registrations in beneficiary form, may be contained in a registering entity's terms and conditions.  (b) The following are illustrations of registrations in beneficiary form which a registering entity may authorize:  (1) Sole owner-sole beneficiary: John S Brown TOD (or POD) John S Brown Jr.  (2) Multiple owners-sole beneficiary: John S Brown Mary B Brown JT TEN TOD John S Brown Jr.  (3) Multiple owners-primary and secondary (substituted) beneficiaries: John S Brown Mary B Brown JT TEN TOD John S Brown Jr SUB BENE Peter Q Brown or John S Brown Mary B Brown JT TEN TOD John S Brown Jr LDPS.
AR Code § 28-14-111 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-111. Short title — Rules of construction

 (1) This chapter shall be known as and may be cited as the “Uniform TOD Security Registration Act.”  (2) This chapter shall be liberally construed and applied to promote its underlying purposes and policy and to make uniform the laws with respect to the subject of this chapter among states enacting it.  (3) Unless displaced by the particular provisions of this chapter, the principles of law and equity supplement its provisions.
AR Code § 28-14-112 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 2 - Descent And Distribution|Chapter 14 - Uniform TOD Security Registration Act|§ 28-14-112. Application of act

 This act applies to registrations of securities in beneficiary form made before or after August 13, 1993, by decedents dying on or after August 13, 1993.
AR Code § 28-24-101 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 24 - General Provisions|§ 28-24-101. Contracts affecting the devise of property

 (a) A valid agreement made by a testator to convey property devised in a will previously made shall not revoke the previous devise, but the property shall pass by the will subject to the same remedies on the agreement against the devisee as might have been enforced against the decedent if he or she had survived.  (b)  (1) However, a contract to make a will or devise, or not to revoke a will or devise, or to die intestate, if executed after June 17, 1981, can be established only by:  (A) Provisions of a will stating material provisions of the contract;  (B) An express reference in a will to a contract and extrinsic evidence proving the terms of the contract; or  (C) A writing signed by the decedent evidencing the contract.    (2) The execution of a reciprocal or mutual will does not create a presumption of a contract not to revoke the will.
AR Code § 28-24-102 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 24 - General Provisions|§ 28-24-102. Sale of property devised by ward not an ademption

 In case of a guardian's sale or other transfer of any real or personal property specifically devised by a ward who was competent to make the will, but was incompetent at the time of the sale or transfer and never became competent thereafter, so that the devised property is not contained in the estate at the time of the ward's death, the devisee may, at his or her option, take the value of the property at the time of the ward's death with the incidents of a general devise or take the proceeds thereof with the incidents of a specific devise.
AR Code § 28-25-101 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-101. Who may make wills

 Any person of sound mind eighteen (18) years of age or older may make a will.
AR Code § 28-25-102 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-102. Witnesses

 (a) Any person, eighteen (18) years of age or older, competent to be witness generally in this state may act as attesting witness to a will.  (b) No will is invalidated because attested by an interested witness, but an interested witness, unless the will is also attested by two (2) qualified disinterested witnesses, shall forfeit so much of the provision therein made for him or her as in the aggregate exceeds in value, as of the date of the testator's death, what he or she would have received had the testator died intestate.  (c) No attesting witness is interested unless the will gives to him or her some beneficial interest by way of devise.  (d) An attesting witness, even though interested, may be compelled to testify with respect to the will.
AR Code § 28-25-103 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-103. Execution generally

 (a) The execution of a will, other than holographic, must be by the signature of the testator and of at least two (2) witnesses.  (b)  (1) The testator shall declare to the attesting witnesses that the instrument is his or her will and either:  (A) Himself or herself sign;  (B) Acknowledge his or her signature already made;  (C) Sign by mark, his or her name being written near it and witnessed by a person who writes his or her own name as witness to the signature; or  (D)  (i) At his or her discretion and in his or her presence have someone else sign his or her name for him or her.  (ii) The person so signing shall write his or her own name and state that he or she signed the testator's name at the request of the testator.      (2) In any of the cases listed in subdivision (b)(1) of this section:  (A) The signature must be at the end of the instrument; and  (B) The act must be done in the presence of two (2) or more attesting witnesses.      (c) The attesting witnesses must sign at the request and in the presence of the testator.
AR Code § 28-25-104 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-104. Holographic wills generally

 When the entire body of the will and the signature shall be written in the proper handwriting of the testator, the will may be established by the evidence of at least three (3) credible disinterested witnesses to the handwriting and signature of the testator, notwithstanding there may be no attesting witnesses to the will.
AR Code § 28-25-105 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-105. Foreign execution

 A will executed outside this state in a manner prescribed by §§ 28-25-101 — 28-25-104 or a written will executed outside this state in a manner prescribed by the law of the place of its execution or by the law of the testator's domicile at the time of its execution shall have the same force and effect in this state as if executed in this state in compliance with the provisions of §§ 28-25-101 — 28-25-104.
AR Code § 28-25-106 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-106. Affidavit of attesting witness

 (a) Any attesting witness to a will may make and sign an affidavit before any officer authorized to administer oaths in this state or in any other state stating such facts as he or she would be required to testify to in an uncontested probate proceeding concerning the will.  (b) The attesting witness may make and sign the affidavit at any time, either:  (1) On his or her own initiative;  (2) At the request of the testator; or  (3) After the testator's death, at the request of the executor or of any other person interested.    (c) The affidavit shall be written on the will, or, if that is impracticable, it shall be securely affixed to the will or to a true copy of the will by the officer administering the oath.  (d) If the probate of the will is uncontested, the affidavit may be accepted by the circuit court with the same effect as if the testimony of the witness had been taken before the court.
AR Code § 28-25-107 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-107. Incorporation of writing by reference

 (a) Any writing in existence when a will is executed may be incorporated by reference if the language of the will manifests this intent and describes the writing sufficiently to permit its identification.  (b)  (1) Whether or not the provisions relating to holographic wills apply, a will may refer to a written statement or list to dispose of items of tangible personal property not otherwise specifically disposed of by the will, other than money, evidences of indebtedness, documents of title, securities, and property used in trade or business.  (2) To be admissible under this subsection as evidence of the intended disposition, the writing must either be in the handwriting of the testator or be signed by him or her and must describe the items and devisees with reasonable certainty.  (3) The writing may be:  (A) Referred to as one to be in existence at the time of the testator's death;  (B) Prepared before or after the execution of the will;  (C) Altered by the testator after its preparation; and  (D) A writing which has no significance apart from its effect upon the dispositions made by the will.
AR Code § 28-25-108 (2020)
2020 Arkansas Code|Title 28 - Wills, Estates, and Fiduciary Relationships|Subtitle 3 - Wills|Chapter 25 - Execution And Revocation|§ 28-25-108. Deposit of will with court in testator's lifetime — Disposition

 (a) Deposit of Will. A will may be deposited by the person making it, or by some person for him or her, with the circuit court of the county of his or her residence, to be safely kept until delivered or disposed of as provided in this section. On being paid the fee of two dollars ($2.00), the clerk of the court shall receive and keep the will and give a certificate of deposit for it.  (b) How Enclosed. Every will intended to be deposited as provided in subsection (a) of this section shall be enclosed in a sealed wrapper, which shall have endorsed thereon “Will of,” followed by the name of the testator. The clerk of the court shall endorse thereon the day when and the person by whom it was delivered. The wrapper shall also be endorsed with the name of the person to whom the will is to be delivered after the death of the testator. It shall not be opened or read until delivered to a person entitled to receive it, or otherwise disposed of as provided in this section.  (c) To Whom Delivered.  (1) During the lifetime of the testator, the will shall be delivered only to him or her, or to some person authorized by him or her by an order in writing duly signed by him or her and acknowledged before an officer authorized to administer oaths or attested by the signatures of two (2) persons competent to witness the will.  (2) After the testator's death, the clerk shall deliver the will to the person named in the endorsement on the wrapper of the will if that person requests the will either in person or in writing.  (3) If the request under subdivision (c)(2) of this section is in person, the clerk shall require proof of identification before delivering the will.  (4) If the request under subdivision (c)(2) of this section is in writing, the clerk shall require an affidavit of the person requesting the will in substantially the following form:    (d) When Will to Be Opened.  (1) If the will is not delivered to a person named in the endorsement on the wrapper, it shall be publicly opened in the court within thirty (30) days after notice of the testator's death, and be retained by the court until offered for probate.  (2) Notice shall be given to the executor, if any, named therein and to such other persons as the court may designate.  (3) If the proper venue is in another court, the will shall be transmitted to that court, but, before such a transmission, a true copy shall be made and retained in the court in which the will was deposited.      “STATE OF ARKANSAS   COUNTY OF ____________   BE IT KNOWN THAT on this day of , ..., before me, the undersigned notary, personally came and appeared:   who after being duly sworn by me, a notary, deposed and stated his or her name and address.   SUBSCRIBED AND SWORN TO BEFORE ME THIS DAY OF ,   NOTARY PUBLIC”