Arkansas Statutes

§ 23-93-113 — Statutory lien

Arkansas·Title 23
In the event of the bankruptcy or receivership of the provider resulting from the financial difficulties of the provider, the residents of the facility shall have a statutory lien on the real and personal property of the facility. This lien shall be subordinate to liens of record prior to the date of a filing of a petition in bankruptcy or petition for receivership but shall be superior to all other creditors.

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Legislative History

Acts 1987, No. 329, § 10.

Nearby Sections

15
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