Arkansas § 16-66-503 Manner of making redemption

Arkansas Statutes

§ 16-66-503 — Manner of making redemption

Arkansas § 16-66-503

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This text of Arkansas § 16-66-503 (Manner of making redemption) 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. § 16-66-503 (2026).

Text

The debtor may at any time within twelve (12) months pay to the clerk of the court from which the execution issued the purchase money with fifteen percent (15%) per annum and all lawful charges and take his or her receipt therefor. The money shall be held by the clerk for the use of the purchaser. The clerk shall be responsible upon his official bond therefor. The clerk shall endorse upon the execution book that the redemption has been made. Civil Code, § 692; C. & M. Dig., § 4330; Pope's Dig., § 5342; A.S.A. 1947, § 30-441.

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The debtor may at any time within twelve (12) months pay to the clerk of the court from which the execution issued the purchase money with fifteen percent (15%) per annum and all lawful charges and take his or her receipt therefor. The money shall be held by the clerk for the use of the purchaser. The clerk shall be responsible upon his official bond therefor. The clerk shall endorse upon the execution book that the redemption has been made. Civil Code, § 692; C. & M. Dig., § 4330; Pope's Dig., § 5342; A.S.A. 1947, § 30-441.