No property shall be acquired under this subchapter upon which any lien or other encumbrance exists unless at the time the property is acquired a sufficient sum of money be deposited in trust to pay and redeem the lien or encumbrance in full.
Ark. Code Ann. § 14-235-211
Acquisition of encumbered property
Acts 1933, No. 132, § 17; Pope's Dig., § 9993; A.S.A. 1947, § 19-4117.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.