Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 28-53-113 - Exoneration of encumbered property — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 28 - Wills, Estates, and Fiduciary Relationships (§§ 28-1-101 — 28)/
  5. Subtitle 4 - Administration of Decedents' Estates/
  6. Chapter 53 - Distribution and Discharge Sub/
  7. Subchapter 1 - General Provisions/
  8. Section 28-53-113 - Exoneration of encumbered property
Arkansas Legal Code

Section 28-53-113 - Exoneration of encumbered property

Ask AI about this
As between the distributees, secured debts shall be discharged out of the general assets of the estate, subject to the right of a decedent to provide otherwise by will. However, nothing in this section shall preclude a secured creditor from having recourse to his or her security for satisfaction of the debt.Acts 1949, No. 140, § 167; A.S.A. 1947, § 62-2908.