(a) The time period during which legal action must be commenced is as follows:

1. (1)

   1. (A) Actions to contest the validity of the deeds issued subsequent to August 16, 2013, the effective date of Acts 2013, No. 1231, must be filed within ninety (90) calendar days after the date of conveyance.
   2. (B) The statute may be further amended to either lengthen or shorten the litigation period, and this part shall at all times be read to reflect the version of Arkansas Code § 26-37-203 applicable at the time of sale of the parcel being litigated;

2. (2)

   1. (A) Acts 2013, No. 1231, amended Arkansas Code § 26-37-203 to a ninety-day litigation period.
   2. (B) The litigation period of any parcel purchased from the Commissioner of State Lands should be determined by consultation with private legal counsel; and

3. (3)

   1. (A) Any purchaser taking action or expending money with respect to the parcel prior to the expiration of the ninety-day litigation period does so at their own risk.
   2. (B) Any funds spent during this period may not be recoverable in the event of a successful challenge.