Arkansas Statutes

§ 28-50-112 — Compromise of claims

Arkansas § 28-50-112

This text of Arkansas § 28-50-112 (Compromise of claims) 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. § 28-50-112 (2026).

Text

When a claim against the estate has been filed or suit thereon is pending, if it appears to be in the best interest of the estate and subject to the court's authorization or approval, the creditor and personal representative may compromise the claim whether due or not due, absolute or contingent, liquidated or unliquidated.

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Legislative History

Acts 1949, No. 140, § 121; A.S.A. 1947, § 62-2612.

Nearby Sections

15
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Bluebook (online)
Arkansas § 28-50-112, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/28-50-112.