Arkansas Statutes

§ 28-51-101 — No priority between real and personal property

Arkansas § 28-51-101

This text of Arkansas § 28-51-101 (No priority between real and personal property) 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. § 28-51-101 (2026).

Text

(a)In determining what property of the estate shall be sold, mortgaged, leased, or exchanged for any purpose provided in § 28-51-103 , there shall be no priority as between real and personal property except as provided by the will, if any, or by order of the court or by the provisions of § 28-53-107 .
(b)It shall not be necessary that assets of either class, real or personal, other than cash assets, be exhausted before resorting to an asset of the other class for the accomplishment of any purpose enumerated in § 28-51-103 .

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Related

Rice v. Seals
377 S.W.3d 416 (Court of Appeals of Arkansas, 2010)
3 case citations

Legislative History

Acts 1949, No. 140, § 124; 1961, No. 424, § 2; A.S.A. 1947, § 62-2701.

Nearby Sections

15
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Bluebook (online)
Arkansas § 28-51-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/28-51-101.