§ 16-123-339 - Effect if relief granted. - Arkansas Statutes

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.