Arkansas Code Title 4, Subtitle 1, Chapter 1, Part 3 - Subordinated Obligations

• § 4-1-301 - Territorial Application of the Subtitle -- Parties' Power to Choose Applicable Law.
  (1) Except as provided in this section, when a transaction bears a reasonable relation to this state and also to another state or nation,...
• § 4-1-302 - Variation by Agreement.
  (a) Except as otherwise provided in subsection (b) or elsewhere in this subtitle, the effect of provisions of this subtitle may be varied by...
• § 4-1-303 - Course of Performance -- Course of Dealing -- Usage of Trade.
  (a) A "course of performance" is a sequence of conduct between the parties to a particular transaction that exists if: (1) the agreement of...
• § 4-1-304 - Obligation of Good Faith.
  Every contract or duty within this subtitle imposes an obligation of good faith in its performance and enforcement.
• § 4-1-305 - Remedies to Be Liberally Administered.
  (a) The remedies provided by this subtitle must be liberally administered to the end that the aggrieved party may be put in as good...
• § 4-1-306 - Waiver or Renunciation of Claim or Right After Breach.
  A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the...
• § 4-1-307 - Prima Facie Evidence by Third-Party Documents.
  A document in due form purporting to be a bill of lading, policy or certificate of insurance, official weigher's or inspector's certificate, consular invoice,...
• § 4-1-308 - Performance or Acceptance Under Reservation of Rights.
  (a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by...
• § 4-1-309 - Option to Accelerate At Will.
  A term providing that one party or that party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at...
• § 4-1-310 - Subordinated Obligations.
  An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to...

Last modified: November 15, 2016