Statutes > Arkansas Statutes > Title 14 - Local Government > Subtitle 14 - Solid Waste Disposal, Waterworks, And Sewers Generally > Chapter 235 - Municipal Sewage Systems > Subchapter 2 - Operation of Systems by Municipalities > § 14-235-211 - Acquisition of encumbered property.

§ 14-235-211 - Acquisition of encumbered property.

14-235-211. Acquisition of encumbered property.

No property shall be acquired under this subchapter upon which any lien or other encumbrance exists unless at the time the property is acquired a sufficient sum of money be deposited in trust to pay and redeem the lien or encumbrance in full.