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16-117-407. Liability of assignee on bond.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-117-407. Liability of assignee on bond.
The assignee shall be liable upon his or her bond to anyone interested in the property included in the assignment for any loss that may occur by reason of his or her negligence or mismanagement of the property after the property comes into his or her possession. He or she shall also be liable for any failure upon his or her part to obey the orders of the circuit court in relation thereto or to carry out the provisions of the assignment.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-117-407
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:16-117-407
Source file: gov.ar.code.title.16.odt
Pages: Not recorded – Not recorded
Passage SHA-256: aed0286d067d01d9fb484d91a77ec200c2285df1bd2be7662b221c2b150cc0d3
Source location: content.xml paragraph 48199
Stored source content
16-117-407. Liability of assignee on bond.
The assignee shall be liable upon his or her bond to anyone interested in the property included in the assignment for any loss that may occur by reason of his or her negligence or mismanagement of the property after the property comes into his or her possession. He or she shall also be liable for any failure upon his or her part to obey the orders of the circuit court in relation thereto or to carry out the provisions of the assignment.
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