Ark. Code § 14-235-211

Current with legislation from 2024 effective through May 3, 2024.
Section 14-235-211 - Acquisition of encumbered property

No property shall be acquired under this subchapter upon which any lien or other encumbrance exists unless at the time the property is acquired a sufficient sum of money be deposited in trust to pay and redeem the lien or encumbrance in full.

Ark. Code § 14-235-211

Acts 1933, No. 132, § 17; Pope's Dig., § 9993; A.S.A. 1947, § 19-4117.