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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) If the owner of impounded stock or his agent, after being notified of the impoundment, shall neglect to pay the fees and damages, the taker-up of the stock may sell them at public auction for cash, after first giving five (5) days' notice of the time, place, and terms of the sale, by:
(1) One (1) posted handbill on the courthouse door of the county; and
(2) A copy of the notice delivered to the owner of the stock, if known.
(b) The taker-up shall:
(1) Apply the proceeds, after deducting expenses of sale, to the satisfaction of his fees and damages; and
(2) Pay the balance to the owner of the stock.
Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-387-106. Public auction - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-387-106/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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