(a) The Public Grain Warehouse Commissioner shall be entitled to reimbursement out of stored grain or proceeds held in receivership for all expenses incurred as court costs or in handling and disposing of stored grains and for all other costs directly attributable to the receivership.
(b) The right of reimbursement of the commissioner shall be before any claims against the stored grain or proceeds of sale and shall constitute a claim against the surety bond of the licensee.
Structure Arkansas Code
Chapter 17 - Warehousing of Grain
Subchapter 4 - Public Warehouses — Receivership
§ 2-17-402. Filing of petition
§ 2-17-403. Plan for disposition of grain
§ 2-17-405. Notice and parties
§ 2-17-406. Publication of appointment
§ 2-17-407. Designation of employee to appear
§ 2-17-408. Arkansas Administrative Procedure Act
§ 2-17-410. Time for filing claims
§ 2-17-411. Merchandiser to effect sale
§ 2-17-412. Distribution of grain or proceeds
§ 2-17-413. Temporary continuation of business