No assignor shall be able to release any part of the consideration of the instrument by him or her assigned after the assignment thereof.
Ark. Code Ann. § 4-58-106
Powers of assignor after assignment
Applied in 2 court decisions — leading case 2020 Ark. App. 100 - United Services Automovile Association v. Mary Norton (2020)
Most recently applied in 2020 Ark. App. 100 - United Services Automovile Association v. Mary Norton (February 2020)
Rev
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.