Arkansas Code Title 4, Subtitle 1, Chapter 3, Part 5 - Dishonor

• § 4-3-501 - Presentment.
  (a) "Presentment" means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made...
• § 4-3-502 - Dishonor.
  (a) Dishonor of a note is governed by the following rules: (1) If the note is payable on demand, the note is dishonored if...
• § 4-3-503 - Notice of Dishonor.
  (a) The obligation of an indorser stated in § 4-3-415(a) and the obligation of a drawer stated in § 4-3-414(d) may not be enforced...
• § 4-3-504 - Excused Presentment and Notice of Dishonor.
  (a) Presentment for payment or acceptance of an instrument is excused if (i) the person entitled to present the instrument cannot with reasonable diligence...
• § 4-3-505 - Evidence of Dishonor.
  (a) The following are admissible as evidence and create a presumption of dishonor and of any notice of dishonor stated: (1) A document regular...

Last modified: November 15, 2016