{"data":{"id":"us-ar/ark.-code-ann.-18-16-408","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 18-16-408","heading":"Disposition of sale proceeds","body":"(a) Proceeds from the sale shall be applied to satisfy the lien, and any surplus shall be disbursed as provided in subsection (b) of this section. (b) If a sale is held under this subchapter, the operator shall: (1) Satisfy the lien from the proceeds of the sale; and (2) Hold the balance, if any, for delivery on demand to the occupant or any other recorded lienholders. If demand is not made within two (2) years after the date of the sale, the surplus shall escheat to the county. Acts 1987, No. 576, § 4.\n\n(a) Proceeds from the sale shall be applied to satisfy the lien, and any surplus shall be disbursed as provided in subsection (b) of this section.\n\n(b) If a sale is held under this subchapter, the operator shall: (1) Satisfy the lien from the proceeds of the sale; and (2) Hold the balance, if any, for delivery on demand to the occupant or any other recorded lienholders. If demand is not made within two (2) years after the date of the sale, the surplus shall escheat to the county.\n\n(1) Satisfy the lien from the proceeds of the sale; and\n\n(2) Hold the balance, if any, for delivery on demand to the occupant or any other recorded lienholders. If demand is not made within two (2) years after the date of the sale, the surplus shall escheat to the county.","path":["AR Code","Title 18","Chapter 16","Subchapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"a09c5d9eefb79d13de122ddfa6ac9de30dff6ca4ec6cd9a3a3aa84a3960d863e","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-18-16-407","next":"us-ar/ark.-code-ann.-18-16-409"},"notice":"GroundRules: Original legal text. Not legal advice."}