§ 26-38-206 - Effect of the decree of confirmation. - Arkansas Statutes

26-38-206. Effect of the decree of confirmation.

(a) The decree of the chancery court confirming the forfeiture and conveyance to the state of real property shall operate, except only as expressly provided in this section, as a complete bar, both at law and in equity, against any and all persons, firms, corporations, quasi-corporations, associations, trustees, and holders of beneficial interests who may hereafter assert or defend claims to the real property and as a vesting of the complete and indefensible title to the real property in the state and its grantees in fee simple, free and clear of all such claims.

(b) It shall so operate, regardless of whether such forfeiture and conveyance may have been void or voidable because of defects or irregularities occurring in the proceedings therefor.

(c) (1) All parties shall have the right to appeal any decree of confirmation pursuant to the Arkansas Rules of Civil Procedure.

(2) (A) Any person, firm, corporation, quasi-corporation, association, trustee, or holder of a beneficial interest whose interest in the property is properly recorded but who is not properly served notice of the confirmation proceedings shall have one (1) year from and after rendition to attack the decree insofar as it relates to his real property.

(B) All attacks upon the decree made after the one (1) year period shall be taken to be collateral attacks and shall be wholly ineffectual.