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Arkansas Code Title 6. Education § 6-62-607. Mortgage and encumbrance rights

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The transfer of any property shall authorize the owner to mortgage or otherwise encumber the property.

(b) However, the board shall retain the right to cure any default of the owner that could result in loss of possession by the owner, including a default in the payment of property taxes owed by such owner.

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Cite this article: FindLaw.com - Arkansas Code Title 6. Education § 6-62-607. Mortgage and encumbrance rights - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-6-education/ar-code-sect-6-62-607/

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