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ARKANSAS STATUTES AND CODES
§ 23-38-212 - Conveyance of mortgaged property as transfer of shares securing loan.
23-38-212. Conveyance of mortgaged property as transfer of shares securing loan.
The conveyance or transfer of property mortgaged to a building and loan association shall, unless otherwise stated in the instrument of conveyance, act as a transfer also of the shares or certificate of the association securing the loan.
The conveyance or transfer of property mortgaged to a building and loan association shall, unless otherwise stated in the instrument of conveyance, act as a transfer also of the shares or certificate of the association securing the loan.
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