Ark. Code Ann. § 23-47-206

Settlement of checks at par - Exception

Year: 2026Length: 120 wordsSubsections: 2
(a) No state bank shall settle any check drawn on it against an account with a sufficient balance otherwise than at par. (b) 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. Acts 1997, No. 89, § 1. (a) No state bank shall settle any check drawn on it against an account with a sufficient balance otherwise than at par. (b) 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. Acts 1997, No. 89, § 1.
Ark. Code Ann. § 23-47-206: Settlement of checks at par - Exception | Justis AI