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Title 4 - Business and Commercial Law
Arkansas Code Title 4, Subtitle 1, Chapter 4, Part 4 - Relationship Between Payor Bank and Its Customer
Arkansas Code Title 4, Subtitle 1, Chapter 4, Part 4 - Relationship Between Payor Bank and Its Customer
§ 4-4-401 - When Bank May Charge Customer's Account.
(a) A bank may charge against the account of a customer an item that is properly payable from that account even though the charge...
§ 4-4-402 - Bank's Liability to Customer for Wrongful Dishonor -- Time of Determining Insufficiency of Account.
(a) Except as otherwise provided in this chapter, a payor bank wrongfully dishonors an item if it dishonors an item that is properly payable,...
§ 4-4-403 - Customer's Right to Stop Payment -- Burden of Proof of Loss.
(a) A customer or any person authorized to draw on the account if there is more than one (1) person may stop payment of...
§ 4-4-404 - Bank Not Obliged to Pay Check More Than Six (6) Months Old.
A bank is under no obligation to a customer having a checking account to pay a check, other than a certified check, which is...
§ 4-4-405 - Death or Incompetence of Customer.
(a) A payor or collecting bank's authority to accept, pay, or collect an item or to account for proceeds of its collection, if otherwise...
§ 4-4-406 - Customer's Duty to Discover and Report Unauthorized Signature or Alteration -- Comparative Fault.
(a) A bank that sends or makes available to a customer a statement of account showing payment of items for the account shall either...
§ 4-4-407 - Payor Bank's Right to Subrogation on Improper Payment.
If a payor bank has paid an item over the order of the drawer or maker to stop payment, or after an account has...
Last modified: November 15, 2016