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ARKANSAS STATUTES AND CODES
§ 16-117-407 - Liability of assignee on bond.
16-117-407. Liability of assignee on bond.
The assignee shall be liable upon his bond to anyone interested in the property included in the assignment for any loss that may occur by reason of his negligence or mismanagement of the property after the property comes into his possession. He shall also be liable for any failure upon his part to obey the orders of the circuit court in relation thereto or to carry out the provisions of the assignment.
The assignee shall be liable upon his bond to anyone interested in the property included in the assignment for any loss that may occur by reason of his negligence or mismanagement of the property after the property comes into his possession. He shall also be liable for any failure upon his part to obey the orders of the circuit court in relation thereto or to carry out the provisions of the assignment.
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