Land acquired by lien
Known as the Arkansas Agricultural Foreign Investment Act
The act spans §§ 2–2 (10 sections).
Acts 1979, No. 1096, § 11; A.S.A. 1947, § 77-2211.
(1) Any foreign party who acquires agricultural land by enforcement of a lien resulting from a transaction occurring after April 19, 1979, shall, within sixty (60) days of the acquisition, register the ownership as required in this chapter.
(2) In the event of failure to register as required in this chapter, proceedings under § 2-3-106 or § 2-3-107 shall be commenced.
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.