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2-17-415. Distribution plan.
Arkansas Code — all titles (historical 2020) · legal_authorities
2-17-415. Distribution plan.
(a)(1) In the event the approved plan of disposition requires the sale of stored grain or the distribution of proceeds from the surety bond, or both, the Public Grain Warehouse Commissioner shall submit to the court a proposed plan of distribution of those proceeds.
(2) Upon such notice and hearing as may be required by the court, the court shall accept or modify the proposed plan.
(b) When the plan is approved by the court and executed by the commissioner, the commissioner shall be discharged and the receivership terminated.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 2-17-415
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:2-17-415
Source file: gov.ar.code.title.02.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a8d9535c565b6f45514d58aad6d2c3f8bb878e63822aa4a512e501a9b0c2aa47
Source location: content.xml paragraph 4533
Stored source content
2-17-415. Distribution plan.
(a)(1) In the event the approved plan of disposition requires the sale of stored grain or the distribution of proceeds from the surety bond, or both, the Public Grain Warehouse Commissioner shall submit to the court a proposed plan of distribution of those proceeds.
(2) Upon such notice and hearing as may be required by the court, the court shall accept or modify the proposed plan.
(b) When the plan is approved by the court and executed by the commissioner, the commissioner shall be discharged and the receivership terminated.
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