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, allowing guardians to invest in an 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 financial options available to guardians managing the estates of their wards. This change aims to enhance the financial growth potential for wards by including a state-specific investment plan designed to support their future needs.

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