Arkansas Code Title 4, Subtitle 1, Chapter 3, Part 2 - Negotiation, Transfer, and Indorsement
- § 4-3-201 - Negotiation.
(a) "Negotiation" means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person...
- § 4-3-202 - Negotiation Subject to Rescission.
(a) Negotiation is effective even if obtained (i) from an infant, a corporation exceeding its powers, or a person without capacity, (ii) by fraud,...
- § 4-3-203 - Transfer of Instrument -- Rights Acquired by Transfer.
(a) An instrument is transferred when it is delivered by a person other than its issuer for the purpose of giving to the person...
- § 4-3-204 - Indorsement.
(a) "Indorsement" means a signature, other than that of a signer as maker, drawer, or acceptor, that alone or accompanied by other words is...
- § 4-3-205 - Special Indorsement -- Blank Indorsement -- Anomalous Indorsement.
(a) If an indorsement is made by the holder of an instrument, whether payable to an identified person or payable to bearer, and the...
- § 4-3-206 - Restrictive Indorsement.
(a) An indorsement limiting payment to a particular person or otherwise prohibiting further transfer or negotiation of the instrument is not effective to prevent...
- § 4-3-207 - Reacquisition.
Reacquisition of an instrument occurs if it is transferred to a former holder, by negotiation or otherwise. A former holder who reacquires the instrument...
Last modified: November 15, 2016