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Section 23-54-107 - Lien — Arkansas Law | CourtGPT
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  3. Arkansas/
  4. Title 23 - Public Utilities and Regulated Industries (§§ 23-1-101 — 23-119-105)/
  5. Subtitle 2 - Financial Institutions and Securities/
  6. Chapter 54 - Reverse Mortgage Protection Act/
  7. Section 23-54-107 - Lien
Arkansas Legal Code

Section 23-54-107 - Lien

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(a) A reverse mortgage shall constitute a lien against the subject property to the extent of all advances made under the reverse mortgage and all interest accrued on the advances.(b) The lien shall have priority over any lien filed after recordation of the reverse mortgage.Acts 2005, No. 2166, § 1.