The 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 to the existing list of permissible investments.

The new provision allows guardians to invest in an Arkansas Brighter Future Fund Plan, which is established under the Arkansas Brighter Future Fund Plan Act. This addition aims to expand the investment opportunities available to guardians, thereby potentially enhancing the financial well-being of the wards they represent.

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