(1) The receiver shall be appointed for an initial period of not more than six (6) months.
(2) The initial six-month period may be extended for an additional period of ninety (90) days with approval of the circuit court upon a showing of good cause.
Duration of receivership
Acts 1988 (4th Ex
(1) The receiver shall be appointed for an initial period of not more than six (6) months.
(2) The initial six-month period may be extended for an additional period of ninety (90) days with approval of the circuit court upon a showing of good cause.
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.