This bill amends the Arkansas Code regarding the permissible investments that a guardian of the estate can make on behalf of a ward without requiring a court order. Specifically, it adds a new investment option for guardians by including the Arkansas Brighter Future Fund Plan, which is established under the Arkansas Brighter Future Fund Plan Act.

The amendment to Arkansas Code 28-65-311(c)(1) introduces this additional investment opportunity, thereby expanding the options available to guardians in managing the financial assets of their wards. This change aims to enhance the financial growth potential for wards by allowing guardians to invest in the Arkansas Brighter Future Fund Plan.

Statutes affected:
HB 1527: 28-65-311(c)
Act 315: 28-65-311(c)