(a) After the return of an execution, satisfied in whole or in part out of the property of a security, the security shall be entitled to a judgment, upon motion, against the principal for the amount so paid by the security, together with interest thereon at the rate of ten percent (10%) per annum from the time of payment.
(b) The motion must be made within one (1) year after the return day of execution, and the return of the officer shall be evidence upon the hearing of the motion of the facts stated therein.
Structure Arkansas Code
Title 16 - Practice, Procedure, And Courts
Subtitle 2 - Courts and Court Officers
Chapter 19 - Justice Of The Peace Courts
§ 16-19-1101. Rule and attachment — Compelling justice of the peace to allow appeal
§ 16-19-1102. Rule and attachment — Compelling return of proceedings by justice of the peace
§ 16-19-1103. Amendment of return
§ 16-19-1104. Securing or correcting bond after allowance of appeal — No dismissal for want of bond
§ 16-19-1106. Dismissal or failure to prosecute appeal — Effect
§ 16-19-1107. Judgment on appeal and proceedings thereon
§ 16-19-1108. Satisfaction of judgment by security — Judgment for amount paid — Interest