Whenever the prevailing price or value of any goods regularly bought and sold in any established commodity market is in issue, reports in official publications or trade journals or in newspapers or periodicals of general circulation published as the reports of such market shall be admissible in evidence. The circumstances of the preparation of such a report may be shown to affect its weight but not its admissibility.
Ark. Code Ann. § 4-2-724
Admissibility of market quotations
Known as the Uniform Commercial Code
The act spans §§ 4–4 (597 sections).
Applied in 1 court decision — leading case Samantha Edwards, Individually and as Special Administratrix of the Estate of William Bobby Wray Edwards, and Arleigh Grayce Edwards, Deceased; And as Parent and Next Friend for Peyton Hale, a Minor v. Eric James Cornell Thomas and McElroy Truck Lines, Inc. (2021)
Most recently applied in Samantha Edwards, Individually and as Special Administratrix of the Estate of William Bobby Wray Edwards, and Arleigh Grayce Edwards, Deceased; And as Parent and Next Friend for Peyton Hale, a Minor v. Eric James Cornell Thomas and McElroy Truck Lines, Inc. (June 2021)
Acts 1961, No. 185, § 2-724; A.S.A. 1947, § 85-2-724.
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.