Arkansas Code § 17-19-302 - Collateral -- Receipt Required

When a licensee accepts collateral, he or she shall give a prenumbered written receipt for it, and this receipt shall give in detail a full account of the collateral received. The licensee may perfect his or her lien on the collateral by any procedure available under the Uniform Commercial Code, ยง 4-1-101 et seq., or any other procedure provided for by law.

Section: 17-19-302  17-19-303  17-19-305  17-19-306    Next

Last modified: November 15, 2016