Browse Arkansas Code titles and sections
16-56-107. Enforcement of security interest in livestock.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-56-107. Enforcement of security interest in livestock.
(a) No action to enforce a security interest in livestock shall be brought against a livestock auction market or selling agent who, in the ordinary course of business, sells the livestock for another person in a public auction, more than eighteen (18) months after the date of the sale.
(b) No action to enforce a security interest in livestock against a buyer in the ordinary course of business shall be brought more than eighteen (18) months after the livestock is sold to the buyer.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-56-107
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:16-56-107
Source file: gov.ar.code.title.16.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d38141ee9f6849fe0bb477b0aae873f96255b6aa4f06d8852ed36536ecfdc2ef
Source location: content.xml paragraph 20481
Stored source content
16-56-107. Enforcement of security interest in livestock.
(a) No action to enforce a security interest in livestock shall be brought against a livestock auction market or selling agent who, in the ordinary course of business, sells the livestock for another person in a public auction, more than eighteen (18) months after the date of the sale.
(b) No action to enforce a security interest in livestock against a buyer in the ordinary course of business shall be brought more than eighteen (18) months after the livestock is sold to the buyer.
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