Ark. Code Ann. § 28-49-113

Power to borrow money

Year: 2026Length: 120 words
Upon a showing that such an action will be advantageous to the estate, the court may authorize the personal representative to borrow money, to execute notes and other legal evidences of indebtedness, and to mortgage property of the estate in accordance with the provisions of §§ 28-51-201 and 28-51-301 . Acts 1949, No. 140, § 104; A.S.A. 1947, § 62-2411. Upon a showing that such an action will be advantageous to the estate, the court may authorize the personal representative to borrow money, to execute notes and other legal evidences of indebtedness, and to mortgage property of the estate in accordance with the provisions of §§ 28-51-201 and 28-51-301 . Acts 1949, No. 140, § 104; A.S.A. 1947, § 62-2411.
Ark. Code Ann. § 28-49-113: Power to borrow money | Justis AI