Ark. Code § 16-117-403

Current with legislation from 2024 Fiscal and Special Sessions.

Section 16-117-403 - Contest of assignment due to fraud

Any assignment for the benefit of creditors may be contested or attacked for fraud by any creditors. Proof of fraud on the part of the assignor shall be sufficient to invalidate the assignment, whether the assignee knew of it or not.

Acts 1887, No. 101, § 1, p. 194; C. & M. Dig., § 488; Pope's Dig., § 525; A.S.A. 1947, § 36-303.