Arkansas § 2-17-412 Distribution of grain or proceeds

Arkansas Statutes

§ 2-17-412 — Distribution of grain or proceeds

Arkansas § 2-17-412

Title2

This text of Arkansas § 2-17-412 (Distribution of grain or proceeds) 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. § 2-17-412 (2026).

Text

(a)The plan of disposition, as approved by the court, shall provide for the distribution of the stored grain or the proceeds from the sale of stored grain or the proceeds from any surety bond, or any combination thereof, less expenses incurred by the Public Grain Warehouse Commissioner in connection with the receivership, to depositors on a pro rata basis as their interests are determined.

(b)Distribution shall be without regard to any setoff, counterclaim, or storage lien or charge.

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(a) The plan of disposition, as approved by the court, shall provide for the distribution of the stored grain or the proceeds from the sale of stored grain or the proceeds from any surety bond, or any combination thereof, less expenses incurred by the Public Grain Warehouse Commissioner in connection with the receivership, to depositors on a pro rata basis as their interests are determined. (b) Distribution shall be without regard to any setoff, counterclaim, or storage lien or charge.