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18-4-206. Persons acquiring property from slayer protected.
Arkansas Code — all titles (historical 2020) · legal_authorities
18-4-206. Persons acquiring property from slayer protected.
The provisions of this subchapter do not affect the right of a person who before the interests of the slayer have been adjudicated acquires from the slayer for adequate consideration property that the slayer would have received except for the terms of this subchapter if the person acquired the property without notice of circumstances tending to make this subchapter apply provided, however, that:
(1) The consideration received by the slayer shall be held by the slayer in trust for the persons entitled to the property under this subchapter; and
(2) The slayer is liable for:
(A) Any portion of the consideration which the slayer may have transferred or dissipated; and
(B) Any difference between the actual value of the property and the amount of the consideration paid for the property.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 18-4-206
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:18-4-206
Source file: gov.ar.code.title.18.odt
Pages: Not recorded – Not recorded
Passage SHA-256: af9607110d61cdc406eed958141e3939b659f95689360c7aff15121a7ee84e95
Source location: content.xml paragraph 263
Stored source content
18-4-206. Persons acquiring property from slayer protected.
The provisions of this subchapter do not affect the right of a person who before the interests of the slayer have been adjudicated acquires from the slayer for adequate consideration property that the slayer would have received except for the terms of this subchapter if the person acquired the property without notice of circumstances tending to make this subchapter apply provided, however, that:
(1) The consideration received by the slayer shall be held by the slayer in trust for the persons entitled to the property under this subchapter; and
(2) The slayer is liable for:
(A) Any portion of the consideration which the slayer may have transferred or dissipated; and
(B) Any difference between the actual value of the property and the amount of the consideration paid for the property.
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