Arkansas Code § 16-110-107 - Bond

(a) The order of attachment shall not be issued by the clerk until there has been executed in his or her office, by one (1) or more sufficient sureties of the plaintiff, a bond to the effect that the plaintiff shall pay to the defendant all damages which he or she may sustain by reason of the attachment if the order is wrongfully obtained.

(b) The defendant may, at any time before judgment, after reasonable notice to the plaintiff, move the court for additional security on the part of the plaintiff. If on the motion, the court is satisfied that the surety in the plaintiff's bond has removed from this state or is not sufficient for the amount thereof, it may vacate the order of attachment. It may direct restitution of any property taken under it unless in a reasonable time, to be fixed by the court, sufficient security is given by the plaintiff.

Section: Previous  16-110-102  16-110-103  16-110-104  16-110-105  16-110-106  16-110-107  16-110-108  16-110-109  16-110-110  16-110-111  16-110-112  16-110-113  16-110-114  16-110-115  Next

Last modified: November 15, 2016