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Ark. Code Ann. § 16-66-221

Schedule of property — Filing

Applied in 2 court decisions — leading case 51 Ark. App. 4 - Kinkead v. Union National Bank (1995)

Most recently applied in Midwest Terminals of Toledo, Inc. v. Palm (February 2011)

Acts 1991, No. 610, §§ 1, 2; 1993, No. 120, § 1.

(1) Whenever any resident of this state has any final judgment order of a court of record entered against him or her, he or she shall prepare a schedule, verified by affidavit, of all his or her property, both real and personal, including moneys, bank accounts, rights, credits, and choses in action held by himself or herself or others for him or her and specify the particular property which he or she claims as exempt under the provisions of the law.

(2) The schedule shall be filed with the clerk of the court in which the final judgment order was rendered within forty-five (45) days of entry of the final judgment order.

(3) All final judgment orders of a court of record in this state shall include a provision requiring the judgment debtor to comply with the requirements of this section. However, the absence of the provision from a final judgment shall not invalidate the judgment.

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.