In the case of an insolvent partnership, all or any of the partners may unite in one (1) complaint filed in the county where either one resides; but in such cases, all individual as well as firm property must be turned over to the receiver, and the firm property and the individual property shall be administered separately, according to the rules of equity.
Structure Arkansas Code
Title 16 - Practice, Procedure, And Courts
Subtitle 7 - Particular Proceedings And Remedies
Subchapter 3 - Petition by Insolvent Debtor
§ 16-117-301. Complaint to be declared insolvent — Appointment of receiver
§ 16-117-302. Delivery of property — Selection of exempt property
§ 16-117-303. List of creditors furnished — Notice
§ 16-117-304. Attachments — Intervention by receiver — Dismissal and return of property
§ 16-117-305. Receiver to convert property into money