Arkansas Statutes
§ 18-43-114 — Pro rata distribution
Arkansas·Title 18
(a)When there are several liens for labor on the same land, crop, or property of the same date, or which are equally just, and not enough to satisfy all claims, the sale will be made, the costs paid, and the money divided pro rata among the several claimants.
(b)The courts shall make the pro rata division as provided for in subsection (a) of this section and shall make the proper credits on the execution.
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Legislative History
Acts 1868, No. 64, §§ 12, 13, p. 224; C. & M. Dig., §§ 6857, 6858; Pope's Dig., §§ 8813, 8814; A.S.A. 1947, §§ 51-310, 51-311.
Nearby Sections
15
§ 18-1-101
Lien holder form§ 18-11-106
Adverse possession§ 18-11-108
Liability for criminal acts§ 18-11-109
Property owner right to repair - Definition§ 18-11-201
Trustees to hold in perpetual succession§ 18-11-202
Authority of trustees§ 18-11-301
Purpose