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15-56-408. Divestiture of contingent remaindermen's title.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-56-408. Divestiture of contingent remaindermen's title.
The order of the court fixing the proportionate part of the consideration, rentals, other payments, if any, and royalties reserved in and accruing under the lease allowed to the life tenant and the order confirming the execution of the lease shall operate to work a divestiture of title of the contingent remaindermen, and each of them, in and to the proportionate part of the consideration, rentals, other payments, if any, and the royalties reserved and accruing under the lease allowed to the life tenant, and in and to the leasehold estate insofar as said interest is conveyed by the lease, and to free the respective interests of any limitations, restrictions, or conditions imposed by the original will or deed.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-56-408
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:15-56-408
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: fec3be7038d90f5699827728c1d489d7b0cbe96ac5a14647edf795c7c287f577
Source location: content.xml paragraph 21181
Stored source content
15-56-408. Divestiture of contingent remaindermen's title.
The order of the court fixing the proportionate part of the consideration, rentals, other payments, if any, and royalties reserved in and accruing under the lease allowed to the life tenant and the order confirming the execution of the lease shall operate to work a divestiture of title of the contingent remaindermen, and each of them, in and to the proportionate part of the consideration, rentals, other payments, if any, and the royalties reserved and accruing under the lease allowed to the life tenant, and in and to the leasehold estate insofar as said interest is conveyed by the lease, and to free the respective interests of any limitations, restrictions, or conditions imposed by the original will or deed.
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