(a) All boats and vessels of all descriptions built, repaired, or equipped in this state, or running upon any of the navigable waters of this state, shall be liable for all contracts of every kind made by the owners, masters, or supercargoes of the boats or vessels for or on account of the boats or vessels.(b) When the boats or vessels mentioned in subsection (a) of this section commit any tort whatever, the boats or vessels shall be liable for the tort.(c) For all contracts and torts mentioned in this section, the boats or vessels may be sued by name or description and attached in the manner now prescribed by law in other cases of attachment of boats and vessels.Acts 1860, No. 17, §§ 1-3, p. 27; C. & M. Dig., §§ 586-588; Pope's Dig., §§ 623-625; A.S.A. 1947, §§ 31-402 -- 31-404.
Arkansas Legal Code