§ 18-27-303 — Recovery of personal property and identifiable stolen personal property - Liability

Arkansas § 18-27-303

• Jurisdiction: Arkansas
• Title: 18

Text

(a) An owner of stolen personal property may request that a dealer return the stolen property without charge to the owner by signing and following the terms of the affidavit in favor of the dealer as described in § 18-27-304(b) . (b) Unless reasonable cause exists, within seven (7) days after the later of the receipt of an affidavit described in § 18-27-304(b) and the written release, either conditional or outright, of any property hold issued by any law enforcement agency with respect to the identifiable stolen property, a dealer shall: (1) Deliver the identifiable stolen property to the owner; or (2) File a legal action in a court of competent jurisdiction to determine ownership. (c) If the dealer refuses to make an election under subsection (b) of this section, the owner may file a replevin action to recover the property and the court may award and apportion costs and attorney's fees as appropriate under the facts of the case.

Legislative History

Added by Act 2015, No. 1242,§ 3, eff. 7/22/2015.