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21-6-412. Commissioners to sell property.

Arkansas Code — all titles (historical 2020) · legal_authorities

21-6-412. Commissioners to sell property.

21-6-412. Commissioners to sell property. (a)(1) Commissioners appointed to make sales of real property under judicial decrees shall be allowed the following fees as compensation for such services: (A) On sales for $ 1.00 to $ 500 $10.00 (B) On sales for 500 to 2,500 15.00 (C) On sales for 2,500 to 5,000 20.00 (D) On sales for 5,000 to 10,000 25.00 (E) On sales for 10,000 to 20,000 30.00 (F) On sales for 20,000 to 35,000 35.00 (G) On sales for 35,000 or more, one-tenth of one percent (0.1%). Click to view table. (2) Commissioners appointed to make sales of personal property under judicial decrees shall be allowed as compensation for such services the fee prescribed by the judge of the court that issued the decree. (b) In lieu of the fees provided for in this section, the court may set reasonable fees for commissioners based upon services rendered on sales under thirty-five thousand dollars ($35,000). (c)(1)(A) If the circuit clerk's office is appointed as commissioner for a sale of real or personal property under judicial decree, the fee awarded to the circuit clerk's office under this section shall be: (i) Collected by the circuit clerk and paid into the county treasury to the credit of a fund to be known as the “circuit clerk commissioner's fee fund”; and (ii) Used exclusively by the circuit clerk's office for the following purposes and in the following order: (a) To offset administrative costs associated with the performance of the commissioner's duties; and (b) For general operational expenses of the office of circuit clerk. (B) Moneys deposited into the fund shall be appropriated and expended for the uses designated in this section by the quorum court at the direction of the circuit clerk. (2)(A) If the county clerk's office is appointed

Source: Arkansas Code — historical release 78 (November 6, 2020) · 21-6-412

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:21-6-412
Source file: gov.ar.code.title.21.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 27b5e3939fcdb22fa5515b592a4d487de7002983b17a0b377514efb664c39b73

Source location: content.xml paragraph 6034

Stored source content

21-6-412. Commissioners to sell property. (a)(1) Commissioners appointed to make sales of real property under judicial decrees shall be allowed the following fees as compensation for such services: (A) On sales for $ 1.00 to $ 500 $10.00 (B) On sales for 500 to 2,500 15.00 (C) On sales for 2,500 to 5,000 20.00 (D) On sales for 5,000 to 10,000 25.00 (E) On sales for 10,000 to 20,000 30.00 (F) On sales for 20,000 to 35,000 35.00 (G) On sales for 35,000 or more, one-tenth of one percent (0.1%). Click to view table. (2) Commissioners appointed to make sales of personal property under judicial decrees shall be allowed as compensation for such services the fee prescribed by the judge of the court that issued the decree. (b) In lieu of the fees provided for in this section, the court may set reasonable fees for commissioners based upon services rendered on sales under thirty-five thousand dollars ($35,000). (c)(1)(A) If the circuit clerk's office is appointed as commissioner for a sale of real or personal property under judicial decree, the fee awarded to the circuit clerk's office under this section shall be: (i) Collected by the circuit clerk and paid into the county treasury to the credit of a fund to be known as the “circuit clerk commissioner's fee fund”; and (ii) Used exclusively by the circuit clerk's office for the following purposes and in the following order: (a) To offset administrative costs associated with the performance of the commissioner's duties; and (b) For general operational expenses of the office of circuit clerk. (B) Moneys deposited into the fund shall be appropriated and expended for the uses designated in this section by the quorum court at the direction of the circuit clerk. (2)(A) If the county clerk's office is appointed as commissioner for a sale of real or personal property under judicial decree, the fee awarded to the county clerk's office under this section shall be: (i) Collected by the county clerk and paid into the county treasury to the credit of a fund to be known as the “county clerk commissioner's fee fund”; and (ii) Used exclusively by the county clerk's office for the following purposes and in the following order: (a) To offset administrative costs associated with the performance of the commissioner's duties; and (b) For general operational expenses of the office of county clerk. (B) Moneys deposited into the county clerk commissioner's fee fund shall be appropriated and expended for the uses designated in this section by the quorum court at the direction of the county clerk.

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