Settlement of checks at par — Exception
Acts 1997, No. 89, § 1.
(1) No state bank shall settle any check drawn on it against an account with a sufficient balance otherwise than at par.
(2) However, the provisions of this section shall not apply with respect to the settlement of a check sent to a state bank for special handling or as a special collection item.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.