Title 2 — Agriculture
31 chapters · 691 sections in this title.
Ark. Code Ann. § 2-17-409 Joining of surety
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(a) When the Public Grain Warehouse Commissioner is appointed as receiver under this subchapter, the surety on the bond of the licensee shall be joined as a party defendant by the commissioner. (b) (1) If required by the court, the surety shall pay the bond proceeds, or so much t…
Ark. Code Ann. § 2-17-410 Time for filing claims
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(a) When appointed as receiver under this subchapter, the Public Grain Warehouse Commissioner is authorized to give notice in the manner specified by the court to persons holding warehouse receipts or unpriced scale tickets issued by the licensee to file their claims within sixty…
Ark. Code Ann. § 2-17-411 Merchandiser to effect sale
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(a) When the court approves the sale of stored grain, the Public Grain Warehouse Commissioner shall employ a merchandiser to effect the sale of those commodities. (b) A person employed as a merchandiser must meet the following requirements:(1) The person shall be experienced or k…
Ark. Code Ann. § 2-17-412 Distribution of grain or proceeds
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(a) The plan of disposition, as approved by the court, shall provide for the distribution of the stored grain or the proceeds from the sale of stored grain or the proceeds from any surety bond, or any combination thereof, less expenses incurred by the Public Grain Warehouse Commi…
Ark. Code Ann. § 2-17-413 Temporary continuation of business
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The Public Grain Warehouse Commissioner may, with the approval of the court, continue the operation of all, or any part of, the business of the licensee on a temporary basis and take any other course of action or procedure which will serve the interests of the depositors.
Ark. Code Ann. § 2-17-414 Reimbursement of expenses
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(a) The Public Grain Warehouse Commissioner shall be entitled to reimbursement out of stored grain or proceeds held in receivership for all expenses incurred as court costs or in handling and disposing of stored grains and for all other costs directly attributable to the receiver…
Ark. Code Ann. § 2-17-415 Distribution plan
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(a) (1) In the event the approved plan of disposition requires the sale of stored grain or the distribution of proceeds from the surety bond, or both, the Public Grain Warehouse Commissioner shall submit to the court a proposed plan of distribution of those proceeds.(2) Upon such…
Ark. Code Ann. § 2-17-416 Final report
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At the termination of the receivership, the Public Grain Warehouse Commissioner shall file a final report containing the details of his or her actions, together with such additional information as the court may require.