Arkansas Code § 28-49-107 - Property Not Paid for

(a) If a decedent has purchased any real or personal property and has neither completed the payments therefor, nor devised the property, nor provided by will for payment therefor, and the completion of the payments would be beneficial to the estate and not injurious to creditors, the personal representative, upon order of the court, may complete the payments out of assets in his or her hands, and the property shall be disposed of as other property of the estate.

(b) If the court finds that completion of the payments would not be beneficial to the estate or would be injurious to the creditors, the court may order the personal representative to sell all of the right, title, interest, and claim of the decedent in and to the property.

Section: Previous  28-49-102  28-49-103  28-49-104  28-49-105  28-49-106  28-49-107  28-49-108  28-49-109  28-49-110  28-49-111  28-49-112  28-49-113  28-49-114  28-49-115  Next

Last modified: November 15, 2016