Arkansas Code Annotated
Ark. Code Ann. § 18-50-109 (2026)
Disposition of proceeds of sale
✓ current as of May 2026
The trustee or mortgagee shall apply the proceeds of the sale as follows:
- To the expenses of the sale, including compensation of the trustee or mortgagee and a reasonable fee by the attorney;
- To the indebtedness owed;
- To all persons having recorded liens subsequent to the interest of the trustee or mortgagee as their interests may appear in the order of the priority; and
- The surplus, if any, to the grantor of the trust deed or to the successor in interest of the grantor entitled to the surplus.
History. Acts 1987, No. 53, § 9.
Notes of Decisions
Cited in 1
case, 2014–2014 · leading case: Dickinson v. Suntrust Nat'l Mortg. Inc., 2014 Ark. 513 (Ark. 2014).
Dickinson v. Suntrust Nat'l Mortg. Inc., 2014 Ark. 513 (Ark. 2014). “However, the remaining sections of the Statutory Foreclosure Act contain provisions expressly directed at the trustee regarding, for example, publication of notice ( Ark. Code Ann. § 18-50-105 ) and application of the proceeds of sale ( Ark.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.