# Ark. Code Ann. § 6-84-109: Account withdrawals

> Arkansas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-109

## Section

- **Citation:** Ark. Code Ann. § 6-84-109
- **Heading:** Account withdrawals
- **Jurisdiction:** Arkansas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AR Code / Title 6 / Chapter 84 / Section 6-84-109

## Text

(a) Withdrawal from an account may be made on thirty (30) days' written notice by the account owner to the Section 529 Plan Review Committee or on shorter notice as the committee may by rule provide. (b) (1) An account withdrawal paid to or for the benefit of any person during any calendar year shall be reported to the person and to the Internal Revenue Service. (2) The report shall be made at the time required by the rules of the Internal Revenue Service as in effect on January 1, 2020, and contain such information as is required by law. Amended by Act 2021, No. 966,§ 14, eff. 7/28/2021. Amended by Act 2019, No. 315,§ 415, eff. 7/24/2019. Amended by Act 2018EX2, No. 15,§ 3, eff. for tax years beginning on or after 1/1/2018. Amended by Act 2018EX2, No. 8,§ 3, eff. 1/1/2018. Amended by Act 2017, No. 884,§ 11, eff. 8/1/2017. Amended by Act 2017, No. 155,§ 6, eff. for tax years beginning on and after 1/1/2015. Amended by Act 2015, No. 580,§ 10, eff. for tax years beginning on or after January 1, 2014. Acts 1999, No. 996, § 11; 2003, No. 515, § 1; 2007, No. 218, § 6; 2011, No. 787, § 6.

(a) Withdrawal from an account may be made on thirty (30) days' written notice by the account owner to the Section 529 Plan Review Committee or on shorter notice as the committee may by rule provide.

(b) (1) An account withdrawal paid to or for the benefit of any person during any calendar year shall be reported to the person and to the Internal Revenue Service. (2) The report shall be made at the time required by the rules of the Internal Revenue Service as in effect on January 1, 2020, and contain such information as is required by law.

(1) An account withdrawal paid to or for the benefit of any person during any calendar year shall be reported to the person and to the Internal Revenue Service.

(2) The report shall be made at the time required by the rules of the Internal Revenue Service as in effect on January 1, 2020, and contain such information as is required by law.

Amended by Act 2021, No. 966,§ 14, eff. 7/28/2021.

Amended by Act 2019, No. 315,§ 415, eff. 7/24/2019.

Amended by Act 2018EX2, No. 15,§ 3, eff. for tax years beginning on or after 1/1/2018.

Amended by Act 2018EX2, No. 8,§ 3, eff. 1/1/2018.

Amended by Act 2017, No. 884,§ 11, eff. 8/1/2017.

Amended by Act 2017, No. 155,§ 6, eff. for tax years beginning on and after 1/1/2015.

Amended by Act 2015, No. 580,§ 10, eff. for tax years beginning on or after January 1, 2014.

Acts 1999, No. 996, § 11; 2003, No. 515, § 1; 2007, No. 218, § 6; 2011, No. 787, § 6.

## Nearby sections

- [Ark. Code Ann. § 6-84-101 Title](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-101.md)
- [Ark. Code Ann. § 6-84-102 Purpose](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-102.md)
- [Ark. Code Ann. § 6-84-103 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-103.md)
- [Ark. Code Ann. § 6-84-104 Creation of Arkansas Brighter Future Fund Plan Trust](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-104.md)
- [Ark. Code Ann. § 6-84-105 Administration - Authority - Powers](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-105.md)
- [Ark. Code Ann. § 6-84-106 Investment direction](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-106.md)
- [Ark. Code Ann. § 6-84-107 Accounts](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-107.md)
- [Ark. Code Ann. § 6-84-108 Naming of designated beneficiary and transfers of accounts](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-108.md)
- [Ark. Code Ann. § 6-84-109 Account withdrawals](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-109.md)
- [Ark. Code Ann. § 6-84-110 Prohibitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-110.md)
- [Ark. Code Ann. § 6-84-111 Funds exempt from tax - Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-111.md)
- [Ark. Code Ann. § 6-84-112 Limitation on liability](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-112.md)
- [Ark. Code Ann. § 6-84-113 Liberal construction](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-113.md)
- [Ark. Code Ann. § 6-84-114 Aspiring Scholars Matching Grant Program](https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AR_T6_C84_S6-84-109. Check the current official text before relying on it. Not legal advice.