2010 Arkansas Code
Title 28 - Wills, Estates, and Fiduciary Relationships
Subtitle 4 - Administration Of Decedents' Estates
Chapter 51 - Transfers Of Property
Subchapter 1 - General Provisions
§ 28-51-101 - No priority between real and personal property.

28-51-101. No priority between real and personal property.

(a) In determining what property of the estate shall be sold, mortgaged, leased, or exchanged for any purpose provided in 28-51-103, there shall be no priority as between real and personal property except as provided by the will, if any, or by order of the court or by the provisions of 28-53-107.

(b) It shall not be necessary that assets of either class, real or personal, other than cash assets, be exhausted before resorting to an asset of the other class for the accomplishment of any purpose enumerated in 28-51-103.

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