(a) Whenever any indebtedness which is a lien on any real estate, erection, building, or other improvement is paid and satisfied, it shall be the duty of the creditor to enter satisfaction of the lien upon the record or margin thereof in the office of the clerk of the circuit court.
(b) Any creditor refusing or neglecting to do so for ten (10) days after payment shall be liable to any person injured to the amount of injury and for cost of suit.
Structure Arkansas Code
Subtitle 4 - Mortgages And Liens
Chapter 44 - Mechanics' and Materialmen's Liens
Subchapter 1 - General Provisions
§ 18-44-101. Liens on buildings, land, or boats
§ 18-44-102. Entire land subject to lien
§ 18-44-103. Improvements on leased land
§ 18-44-104. Liens for drain pipe or tile
§ 18-44-107. Subcontractors — Definitions
§ 18-44-108. Refusal to list parties doing work or furnishing materials
§ 18-44-109. Unlawful to use materials other than as designated
§ 18-44-110. Preference over prior liens — Exception
§ 18-44-113. Assignment of liens
§ 18-44-114. Notice and service generally
§ 18-44-115. Notice to owner by contractor — Definitions
§ 18-44-116. Service on nonresident or absconder
§ 18-44-118. Filing of bond in contest of lien
§ 18-44-119. Limitation of actions
§ 18-44-122. Contents of complaint
§ 18-44-124. Contractor to defend actions on liens by third persons — Liability
§ 18-44-126. Warning order for nonresident or absconding owners
§ 18-44-127. Trial and judgment
§ 18-44-131. Duty to enter satisfaction
§ 18-44-132. Penalty for failure to discharge lien after payment