Ark. Code § 16-105-415

Current with legislation from 2024 effective through May 3, 2024.

Section 16-105-415 - Disposition of sale proceeds

The proceeds of the sale of the movable property shall be applied as follows:

(1) First, to the fees and costs of the removal and sale;

(2) Second, to the allowances and costs of closing and keeping closed the building or place;

(3) Third, to the payment of the plaintiff's costs in the action; and

(4) Fourth, the balance, if any, to the owner of the property.

Ark. Code § 16-105-415

Acts 1989, No. 556, § 1.