Arkansas § 14-387-106 Sale of impounded stock generally

Arkansas Statutes

§ 14-387-106 — Sale of impounded stock generally

Arkansas § 14-387-106

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This text of Arkansas § 14-387-106 (Sale of impounded stock generally) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 14-387-106 (2026).

Text

(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.

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(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.