Immediately upon the making of the deposit provided for in § 27-67-314, title to the lands in fee simple, or a conditional fee if mineral rights are sought to be preserved to the property owner, or a lesser estate or interest therein as is specified in the declaration, shall vest in the persons entitled thereto.
Ark. Code Ann. § 27-67-315
Title vests upon deposit
Applied in 1 court decision — leading case Arkansas State Highway Commission v. Johnson (1989)
Most recently applied in Arkansas State Highway Commission v. Johnson (November 1989)
Acts 1953, No. 115, § 3; A.S.A. 1947, § 76-536.
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.