22-6-109. Cancellation of deed upon dishonor of check.

Arkansas Code — all titles (historical 2020) · legal_authorities

22-6-109. Cancellation of deed upon dishonor of check.

22-6-109. Cancellation of deed upon dishonor of check. (a) The Commissioner of State Lands is empowered and authorized to cancel, set aside, and hold for naught any redemption or sale deed issued by him or her for any state-owned land in any instance where a personal check tendered to and accepted by him or her in payment of the redemption or purchase price thereof is not paid upon presentation to the bank upon which it is drawn. (b) Upon failure of payment, the Commissioner of State Lands may issue a cancellation deed cancelling and setting aside the redemption or sale deed and shall file the cancellation deed for record in the county in which the lands are located and pay the expense incident thereto from the maintenance fund of the office of the Commissioner of State Lands.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 22-6-109

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.