Arkansas § 2-6-118 - Receivership — Sale of processed catfish — Merchandiser.
Full text of Arkansas Arkansas Code of 1987 Annotated § 2-6-118 — Receivership — Sale of processed catfish — Merchandiser., with citation guidance and answers to common questions.
§ 2-6-118. Receivership — Sale of processed catfish — Merchandiser.
When the court approves the sale of processed catfish the Director of the State Plant Board shall employ a merchandiser to effect the sale of those commodities. A person employed as a merchandiser must meet the following requirements: The person shall be experienced or knowledgeable in the operation of processors registered under this chapter, and if the person has ever held a registration certificate issued under this chapter, the person shall never have had the registration suspended; The person shall be experienced or knowledgeable in the marketing of aquacultural products; The person shall not be the holder of a weigh ticket issued by the Class A registrant and shall not have a claim against the Class A registrant, whether as a secured or unsecured creditor, and otherwise shall not have any pecuniary interest in the Class A registrant or the Class A registrant's business. The merchandiser shall be entitled to reasonable compensation as determined by the director. A sale of processed catfish shall be made in a commercially reasonable manner and under the supervision of the director. The director shall have authority to sell the processed catfish, and provisions of the Uniform Commercial Code, § 4-1-101 et seq., to the contrary notwithstanding, any processed catfish so sold shall be free of all liens and other encumbrances.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 2-6-118
What does Arkansas Code of 1987 Annotated § 2-6-118 cover?
Section 2-6-118 ("Receivership — Sale of processed catfish — Merchandiser.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 2-6-118?
A common citation format is "Arkansas Code of 1987 Annotated § 2-6-118" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 2-6-118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.