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AR HB1499
Bill
Status
Failed
4/24/2019
Primary Sponsor
John Maddox
Click for details
AI Summary
- Amends Arkansas Code § 18-50-105 to modify foreclosure sale notice publication requirements for mortgagees and trustees
- Requires notice publication in a newspaper of general circulation in the county where the property is located one time per week for four consecutive weeks prior to the sale, with final publication no more than ten days before the sale
- Adds requirement to employ a third-party posting provider to post notice at the county courthouse where foreclosure sales are customarily advertised and conducted
- Adds requirement to employ a third-party internet foreclosure sale notice information service provider
- Provides alternative publication method for counties without a newspaper of general circulation: publication in a statewide daily newspaper plus compliance with standard publication manner requirements
Legislative Description
To Amend The Law Concerning The Publication Of Notice Required For A Statutory Foreclosure.
Last Action
Sine Die adjournment
4/24/2019
Committee Referrals
Insurance & Commerce2/25/2019
Insurance and Commerce2/18/2019
Full Bill Text
No bill text available