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16-66-414. Default of bidder.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-66-414. Default of bidder.
(a) If any person refuses to pay the amount bid for any property struck off to him or her, the officer making the sale may again sell the property to the highest bidder. If any loss is occasioned, the officer may recover the loss by motion before any court or justice of the peace, if the amount of the loss does not exceed his or her jurisdiction.
(b) The court or justice shall proceed in a summary manner and give judgment and award execution therefor forthwith.
(c) The same proceedings may be had against any subsequent purchaser who refuses to pay. The officer may forever thereafter refuse the bid of the person refusing to pay for property purchased by him or her.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-66-414
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:16-66-414
Source file: gov.ar.code.title.16.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 72afce922db949afadc5a6175aa52cdb7c574473d8c161727852580fc4f14235
Source location: content.xml paragraph 26987
Stored source content
16-66-414. Default of bidder.
(a) If any person refuses to pay the amount bid for any property struck off to him or her, the officer making the sale may again sell the property to the highest bidder. If any loss is occasioned, the officer may recover the loss by motion before any court or justice of the peace, if the amount of the loss does not exceed his or her jurisdiction.
(b) The court or justice shall proceed in a summary manner and give judgment and award execution therefor forthwith.
(c) The same proceedings may be had against any subsequent purchaser who refuses to pay. The officer may forever thereafter refuse the bid of the person refusing to pay for property purchased by him or her.
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