The lease executed by the receiver under the approval of the court as provided in § 15-56-306 shall not terminate with the sale of the lands or mineral interests therein, thereon, or thereunder. Any person purchasing or holding thereafter shall take the land or mineral rights subject to the lease executed by the receiver pursuant to § 15-56-306.Acts 1937, No. 220, § 9; Pope's Dig., § 11203; Acts 1963, No. 85, § 9; A.S.A. 1947, § 52-209.
Arkansas Legal Code