If any purchaser pays the amount bid by the judgment creditor, the officer shall pay that amount to the judgment creditor, together with the amount paid by the judgment creditor to the officer. The right of redemption shall be in the order of priority of judgment, but if any judgment creditor for thirty (30) days after a sale or redemption upon a judgment prior to his or hers fails to pay off prior bids and fails to bid for the redemption of the property, as provided in this subchapter, he or she shall be deemed to have waived his or her priority, as against others who have complied with the provisions of this subchapter.Civil Code, § 696; C. & M. Dig., § 4333; Pope's Dig., § 5345; A.S.A. 1947, § 30-444.
Arkansas Legal Code