Statutes > Arkansas Statutes > Title 16 - Practice, Procedure, And Courts > Subtitle 7 - Particular Proceedings And Remedies > Chapter 117 - Receivership > Subchapter 4 - Assignments for Benefit of Creditors > § 16-117-403 - Contest of assignment due to fraud.

§ 16-117-403 - Contest of assignment due to fraud.

16-117-403. Contest of assignment due to fraud.

Any assignment for the benefit of creditors may be contested or attacked for fraud by any creditors. Proof of fraud on the part of the assignor shall be sufficient to invalidate the assignment, whether the assignee knew of it or not.