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2-17-412. Distribution of grain or proceeds.
Arkansas Code — all titles (historical 2020) · legal_authorities
2-17-412. Distribution of grain or proceeds.
(a) The plan of disposition, as approved by the court, shall provide for the distribution of the stored grain or the proceeds from the sale of stored grain or the proceeds from any surety bond, or any combination thereof, less expenses incurred by the Public Grain Warehouse Commissioner in connection with the receivership, to depositors on a pro rata basis as their interests are determined.
(b) Distribution shall be without regard to any setoff, counterclaim, or storage lien or charge.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-17-412
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:2-17-412
Source file: gov.ar.code.title.02.odt
Pages: Not recorded – Not recorded
Passage SHA-256: e25c99f93a055e873d1905a16a582bcf53fdafce3094915474486f5b7f3cb27c
Source location: content.xml paragraph 4516
Stored source content
2-17-412. Distribution of grain or proceeds.
(a) The plan of disposition, as approved by the court, shall provide for the distribution of the stored grain or the proceeds from the sale of stored grain or the proceeds from any surety bond, or any combination thereof, less expenses incurred by the Public Grain Warehouse Commissioner in connection with the receivership, to depositors on a pro rata basis as their interests are determined.
(b) Distribution shall be without regard to any setoff, counterclaim, or storage lien or charge.
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