Arkansas Code § 4-60-101 - Definitions

As used in this chapter, unless the context otherwise requires:

(1) "Check" means a written unconditional order to pay a sum certain in money drawn on a bank payable on demand and signed by the drawer;

(2) "Drawee" means the bank or purported bank upon which a check is drawn;

(3) "Drawer" means a person, either real or fictitious, whose name appears on a check as the primary obligor, whether the actual signature is that of himself or herself or a person authorized to draw the check in his or her behalf; and

(4) "Issue" means make, draw, deliver, or pass a check.

Section: 4-60-102  4-60-103    Next

Last modified: November 15, 2016