As used in this chapter, “consideration” means the amount of full actual consideration paid or to be paid for the property conveyed, including the amount of any purchase-money encumbrance executed by the purchaser.
Ark. Code Ann. § 26-60-101
Definition
Applied in 1 court decision — leading case U.S. Tr. v. Beard (In re Beard) (2018)
Most recently applied in U.S. Tr. v. Beard (In re Beard) (December 2018)
Acts 1971, No. 275, § 9; A.S.A. 1947, § 84-4308.
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.