Arkansas § 14-90-1107 Sale to improvement district

Arkansas Statutes

§ 14-90-1107 — Sale to improvement district

Arkansas § 14-90-1107

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This text of Arkansas § 14-90-1107 (Sale to improvement district) 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. § 14-90-1107 (2026).

Text

(a)Municipal improvement districts may purchase lands sold under foreclosure decrees when there are no other bids equal to the delinquent installments, penalties, and costs.

(b)In the absence of bids, the commissioner making the sale, without bidding on the part of the district or its agent, shall sell the lands to the district for the full amount chargeable against the lands by the terms of the decree.

(c)The district may hold, sell, and convey all lands purchased at foreclosure sales.

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(a) Municipal improvement districts may purchase lands sold under foreclosure decrees when there are no other bids equal to the delinquent installments, penalties, and costs. (b) In the absence of bids, the commissioner making the sale, without bidding on the part of the district or its agent, shall sell the lands to the district for the full amount chargeable against the lands by the terms of the decree. (c) The district may hold, sell, and convey all lands purchased at foreclosure sales.