State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-2 > Chapter-49 > 23-49-116

23-49-116. Actions for enforcement of rights, demands, or claims vested in an institution or its shareholders or creditors.

Notwithstanding any other provision of state law, the receiver may, within five (5) years from the date of closing of the institution, institute and maintain, in the name of the receiver, any action or proceeding for the enforcement of any right, demand, or claim that is vested in the institution.

State Codes and Statutes

Statutes > Arkansas > Title-23 > Subtitle-2 > Chapter-49 > 23-49-116

23-49-116. Actions for enforcement of rights, demands, or claims vested in an institution or its shareholders or creditors.

Notwithstanding any other provision of state law, the receiver may, within five (5) years from the date of closing of the institution, institute and maintain, in the name of the receiver, any action or proceeding for the enforcement of any right, demand, or claim that is vested in the institution.