Arkansas Code
Subpart 3 - Priority
§ 4-9-319. Rights and title of consignee with respect to creditors and purchasers

(a) Except as otherwise provided in subsection (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods identical to those the consignor had or had power to transfer.
(b) For purposes of determining the rights of a creditor of a consignee, law other than this chapter determines the rights and title of a consignee while goods are in the consignee's possession if, under this part, a perfected security interest held by the consignor would have priority over the rights of the creditor.

Structure Arkansas Code

Arkansas Code

Title 4 - Business and Commercial Law

Subtitle 1 - Uniform Commercial Code

Chapter 9 - Secured Transactions

Part 3 - Perfection and Priority

Subpart 3 - Priority

§ 4-9-317. Interests that take priority over or take free of security interest or agricultural lien

§ 4-9-318. No interest retained in right to payment that is sold — Rights and title of seller of account or chattel paper with respect to creditors and purchasers

§ 4-9-319. Rights and title of consignee with respect to creditors and purchasers

§ 4-9-320. Buyer of goods

§ 4-9-321. Licensee of general intangible and lessee of goods in ordinary course of business

§ 4-9-322. Priorities among conflicting security interests in and agricultural liens on same collateral

§ 4-9-323. Future advances

§ 4-9-324. Priority of purchase-money security interests

§ 4-9-325. Priority of security interests in transferred collateral

§ 4-9-326. Priority of security interests created by new debtor

§ 4-9-327. Priority of security interests in deposit account

§ 4-9-328. Priority of security interests in investment property

§ 4-9-329. Priority of security interests in letter-of-credit right

§ 4-9-330. Priority of purchaser of chattel paper or instrument

§ 4-9-331. Priority of rights of purchasers of instruments, documents, and securities under other chapters — Priority of interests in financial assets and security entitlements under Chapter 8

§ 4-9-332. Transfer of money — Transfer of funds from deposit account

§ 4-9-333. Priority of certain liens arising by operation of law

§ 4-9-334. Priority of security interests in fixtures and crops

§ 4-9-335. Accessions

§ 4-9-336. Commingled goods

§ 4-9-337. Priority of security interests in goods covered by certificate of title

§ 4-9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information

§ 4-9-339. Priority subject to subordination