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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) When there are several liens for labor on the same land, crop, or property of the same date, or which are equally just, and not enough to satisfy all claims, the sale will be made, the costs paid, and the money divided pro rata among the several claimants.
(b) The courts shall make the pro rata division as provided for in subsection (a) of this section and shall make the proper credits on the execution.
Cite this article: FindLaw.com - Arkansas Code Title 18. Property § 18-43-114. Sale proceeds--Multiple claimants - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-18-property/ar-code-sect-18-43-114/
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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