Arkansas Statutes
§ 28-53-113 — Exoneration of encumbered property
Arkansas·Title 28
As between the distributees, secured debts shall be discharged out of the general assets of the estate, subject to the right of a decedent to provide otherwise by will. However, nothing in this section shall preclude a secured creditor from having recourse to his or her security for satisfaction of the debt.
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Arkansas § 28-53-113 (Exoneration of encumbered property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Balfanz v. Estate of Balfanz
787 S.W.2d 699 (Court of Appeals of Arkansas, 1990)
Legislative History
Acts 1949, No. 140, § 167; A.S.A. 1947, § 62-2908.
Nearby Sections
15
§ 28-1-101
Title§ 28-1-102
Definitions§ 28-1-103
Effect of code§ 28-1-104
Probate proceedings§ 28-1-106
Referees and probate clerks§ 28-1-108
Records§ 28-1-109
Petition - Verification§ 28-1-110
Filing objections to petition§ 28-1-111
Guardians and attorneys ad litem§ 28-1-112
Notice - Service - Proof - Costs§ 28-1-113
Waiver of notice§ 28-1-115
Vacation and modification of orders§ 28-1-116
Appeals§ 28-1-117
Use of certified mail permitted§ 28-1-118
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