Any person who with intent to defraud issues or aids in issuing a nonnegotiable bill without the words “not negotiable” placed plainly upon the face thereof shall be guilty of a crime and upon conviction shall be punished for each offense by imprisonment not exceeding five (5) years or by a fine not exceeding five thousand dollars ($5,000), or by both.
Ark. Code Ann. § 4-59-304
Issuance of nonnegotiable bill not so marked
Known as the Uniform Voidable Transactions Act
The act spans §§ 4–4 (34 sections).
Acts 1941, No. 264, § 50; A.S.A. 1947, § 68-1150.
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.