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Arkansas Statutes

§ 14-235-211 — Acquisition of encumbered property

Arkansas·Title 14
No property shall be acquired under this subchapter upon which any lien or other encumbrance exists unless at the time the property is acquired a sufficient sum of money be deposited in trust to pay and redeem the lien or encumbrance in full.

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Legislative History

Acts 1933, No. 132, § 17; Pope's Dig., § 9993; A.S.A. 1947, § 19-4117.

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