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Section 16-117-403 - Contest of assignment due to fraud — Arkansas Law | CourtGPT
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  4. Title 16 - Practice, Procedure, and Courts (§§ 16-1-101 — 16-131-206)/
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  7. Subchapter 4 - Assignments for Benefit of Creditors/
  8. Section 16-117-403 - Contest of assignment due to fraud
Arkansas Legal Code

Section 16-117-403 - Contest of assignment due to fraud

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Any assignment for the benefit of creditors may be contested or attacked for fraud by any creditors. Proof of fraud on the part of the assignor shall be sufficient to invalidate the assignment, whether the assignee knew of it or not.Acts 1887, No. 101, § 1, p. 194; C. & M. Dig., § 488; Pope's Dig., § 525; A.S.A. 1947, § 36-303.