Arkansas Code Title 4, Subtitle 1, Chapter 4a - Funds Transfers, Part 5 - Miscellaneous Provisions

• § 4-4a-501 - Variation by Agreement and Effect of Funds-Transfer System Rule.
  (a) Except as otherwise provided in this chapter, the rights and obligations of a party to a funds transfer may be varied by agreement...
• § 4-4a-502 - Creditor Process Served on Receiving Bank -- Setoff by Beneficiary's Bank.
  (a) As used in this section, "creditor process" means levy, attachment, garnishment, notice of lien, sequestration, or similar process issued by or on behalf...
• § 4-4a-503 - Injunction or Restraining Order With Respect to Funds Transfer.
  For proper cause and in compliance with applicable law, a court may restrain (i) a person from issuing a payment order to initiate a...
• § 4-4a-504 - Order in Which Items and Payment Orders May Be Charged to Account -- Order of Withdrawals From Account.
  (a) If a receiving bank has received more than one (1) payment order of the sender or one (1) or more payment orders and...
• § 4-4a-505 - Preclusion of Objection to Debit of Customer's Account.
  If a receiving bank has received payment from its customer with respect to a payment order issued in the name of the customer as...
• § 4-4a-506 - Rate of Interest.
  (a) If, under this chapter, a receiving bank is obliged to pay interest with respect to a payment order issued to the bank, the...
• § 4-4a-507 - Choice of Law.
  (a) The following rules apply unless the affected parties otherwise agree or subsection (c) applies: (1) The rights and obligations between the sender of...

Last modified: November 15, 2016