This chapter applies to a letter of credit that is issued on or after August 1, 1997. This chapter does not apply to a transaction, event, obligation, or duty arising out of or associated with a letter of credit that was issued before August 1, 1997.
Ark. Code Ann. § 4-5-119
Applicability
Known as the Uniform Commercial Code
The act spans §§ 4–4 (597 sections).
Acts 1997, No. 1070, § 9; 2001, No. 1439, § 14.
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.