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AR HB1666
Bill
Status
4/12/2023
Primary Sponsor
Jimmie Gazaway
Click for details
AI Summary
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Amends Arkansas Code § 16-66-221 to clarify that judgment debtors must prepare a verified schedule of all property within 45 days of a final judgment order being entered against them.
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Requires the schedule to include real and personal property, moneys, bank accounts, rights, credits, and choses in action, and specify which property the debtor claims as exempt under law.
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Mandates all final judgment orders include a provision requiring judgment debtors to comply with these scheduling requirements.
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Provides that the absence of the compliance provision from a final judgment order shall not invalidate the judgment itself.
Legislative Description
Concerning The Prepared Schedule Of Property Ordered When A Judgment Calls For Property Subject To Execution.
Last Action
Notification that HB1666 is now Act 740
4/12/2023