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23-47-206. Settlement of checks at par — Exception.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-47-206. Settlement of checks at par — Exception.
(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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-47-206
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-47-206
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 57be818c55013b5c34e0952a6ce2d266eda45de13664f1bbcdfcc0969817bfbc
Source location: content.xml paragraph 22658
Stored source content
23-47-206. Settlement of checks at par — Exception.
(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.
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