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ARKANSAS STATUTES AND CODES

§ 23-47-206 - Settlement of checks at par -- Exception.

23-47-206. Settlement of checks at par -- Exception.

(a) No state bank shall settle any check drawn on it against an account with a sufficient balance otherwise than at par.

(b) However, the provisions of this section shall not apply with respect to the settlement of a check sent to a state bank for special handling or as a special collection item.

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