Arkansas Code § 16-123-339 - Effect If Relief Granted

Relief granted under this subchapter does not affect a contract, sale encumbrance, or lease that:

(a) Was consummated before the granting of the relief; and

(b) Involved a bona fide purchaser, encumbrancer, or tenant who did not have actual notice of the filing of a complaint under this subchapter or a civil action under this subchapter.

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Last modified: November 15, 2016