Arkansas Code Title 18, Subtitle 2, Chapter 12, Subchapter 7 - Disbursement of Funds As Part of Real Estate Closing and Settlement Services Act

• § 18-12-701 - Title.
  This subchapter shall be known and may be cited as the "Disbursement of Funds as Part of Real Estate Closing and Settlement Services Act".
• § 18-12-702 - Definitions.
  As used in this subchapter: (1) "Available for immediate withdrawal as a matter of right" means the following: (A) For any item or draft,...
• § 18-12-703 - Closing and Settlement Services -- Disbursement of Funds -- Penalties.
  (a) (1) No person, firm, partnership, corporation, or other entity that provides closing and settlement services for a real estate transaction shall disburse funds...

Last modified: November 15, 2016