When boats are wrecked or staved and property is found afloat on any watercourse in this state, and the value thereof does not exceed one hundred dollars ($100), the taker up of the property shall be entitled to salvage not exceeding one-fourth (¼) part thereof for taking up and securing the property, to be adjudged by a justice of the peace of the county.
Structure Arkansas Code
Subtitle 7 - Watercourses And Navigation
Chapter 102 - Salvage From Waterways
§ 27-102-101. Right to take up property lost or wrecked on river
§ 27-102-102. Owner's right to recover
§ 27-102-103. Right to salvage payment
§ 27-102-104. Affidavit by taker up
§ 27-102-106. Salvage of rafts
§ 27-102-108. Property found afloat