Statutes > Arkansas Statutes > Title 23 - Public Utilities and Regulated Industries > Subtitle 2 - Financial Institutions And Securities > Chapter 49 - Dissolution and Liquidation > § 23-49-116 - Actions for enforcement of rights, demands, or claims vested in an institution or its shareholders or creditors.

§ 23-49-116 - Actions for enforcement of rights, demands, or claims vested in an institution or its shareholders or creditors.

23-49-116. Actions for enforcement of rights, demands, or claims vested in an institution or its shareholders or creditors.

Notwithstanding any other provision of state law, the receiver may, within five (5) years from the date of closing of the institution, institute and maintain, in the name of the receiver, any action or proceeding for the enforcement of any right, demand, or claim that is vested in the institution.