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Arkansas Laws
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Title 4 - Business and Commercial Law
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Subtitle 1 - Uniform Commercial Code
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Chapter 4 - Bank Deposits and Collections
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Part 2 - Collection of Items -- Depositary and Collecting Banks
STATE STATUTES & CODES
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ARKANSAS STATUTES AND CODES
Part 2 - Collection of Items -- Depositary and Collecting Banks
§ 4-4-201 - Status of collecting bank as agent and provisional status of credits -- Applicability of chapter -- Item indorsed "Pay Any Bank".
§ 4-4-202 - Responsibility for collection or return -- When action timely.
§ 4-4-203 - Effect of instructions.
§ 4-4-204 - Methods of sending and presenting -- Sending directly to payor bank.
§ 4-4-205 - Depositary bank holder of unindorsed item.
§ 4-4-206 - Transfer between banks.
§ 4-4-207 - Transfer warranties.
§ 4-4-208 - Presentment warranties.
§ 4-4-209 - Encoding and retention warranties.
§ 4-4-210 - Security interest of collecting bank in items, accompanying documents, and proceeds.
§ 4-4-211 - When bank gives value for purposes of holder in due course.
§ 4-4-212 - Presentment by notice of item not payable by, through, or at bank -- Liability of drawer or indorser.
§ 4-4-213 - Medium and time of settlement by bank.
§ 4-4-214 - Right of charge-back or refund -- Liability of collecting bank -- Return of item.
§ 4-4-215 - Final payment of item by payor bank -- When provisional debits and credits become final -- When certain credits become available for withdrawal.
§ 4-4-216 - Insolvency and preference.
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