§ 16-66-214 - Effect of filing schedule -- Sale stayed without bond -- Penalty for sale of scheduled property. - Arkansas Statutes

16-66-214. Effect of filing schedule -- Sale stayed without bond -- Penalty for sale of scheduled property.

(a) When the schedule provided for in 16-66-211 has been filed as prescribed in that section, the provisions of Chapter VI, of Title XV of the Code of Civil Practice shall not be considered as applying to the case of the execution or other final process stayed.

(b) (1) No indemnifying bond shall be received by the officer levying the execution or enforcing the final process.

(2) If any officer, under the pretext of having received an indemnifying bond, undertakes to sell the property described in the schedule, he or she shall be deemed guilty of gross misdemeanor and shall, upon conviction, be imprisoned in the county jail for a term of not less than one (1) month nor to exceed two (2) months and shall be fined in a sum not less than one hundred dollars ($100) nor more than five hundred dollars ($500). He or she shall furthermore be liable upon his official bond to the defendant in twice the amount of damages incurred by the defendant.