A designated or named beneficiary of a life insurance policy or annuity contract:(1) Can be changed according to the terms of the life insurance policy or annuity contract; and(2) Cannot be changed in a will.Added by Act 2021, No. 925,§ 1, eff. 7/28/2021. A designated or named beneficiary of a life insurance policy or annuity contract:(1) Can be changed according to the terms of the life insurance policy or annuity contract; and(2) Cannot be changed in a will.Added by Act 2021, No. 925,§ 1, eff. 7/28/2021.
Arkansas Legal Code