Arkansas Code § 16-117-301 - Complaint to Be Declared Insolvent -- Appointment of Receiver

Any insolvent debtor may file in the circuit court of the county in which he or she resides a complaint in which one (1) or more of his or her creditors shall be made defendants, asking to be declared an insolvent, and asking for the appointment of a receiver to take charge of his or her property and distribute the property among his or her creditors. Upon the filing of the petition, the court shall appoint a receiver.

Section: 16-117-302  16-117-303  16-117-304  16-117-305  16-117-306  16-117-307    Next

Last modified: November 15, 2016