Arkansas Code
Chapter 3 - Negotiable Instruments
Part 4 - Liability of Parties

§ 4-3-401. Signature - (a) A person is not liable on an instrument unless...

§ 4-3-402. Signature by representative - (a) If a person acting, or purporting to act, as...

§ 4-3-403. Unauthorized signature - (a) Unless otherwise provided in this chapter or § 4-4-401...

§ 4-3-404. Impostors — Fictitious payees - (a) If an impostor, by use of the mails or...

§ 4-3-405. Employer's responsibility for fraudulent indorsement by employee - (a) In this section: (1) “Employee” includes an independent contractor...

§ 4-3-406. Negligence contributing to forged signature or alteration of instrument - (a) A person whose failure to exercise ordinary care substantially...

§ 4-3-407. Alteration - (a) “Alteration” means (i) an unauthorized change in an instrument...

§ 4-3-408. Drawee not liable on unaccepted draft - A check or other draft does not of itself operate...

§ 4-3-409. Acceptance of draft — Certified check - (a) “Acceptance” means the drawee's signed agreement to pay a...

§ 4-3-410. Acceptance varying draft - (a) If the terms of a drawee's acceptance vary from...

§ 4-3-411. Refusal to pay cashier's checks, teller's checks, and certified checks - (a) In this section, “obligated bank” means the acceptor of...

§ 4-3-412. Obligation of issuer of note or cashier's check - The issuer of a note or cashier's check or other...

§ 4-3-413. Obligation of acceptor - (a) The acceptor of a draft is obliged to pay...

§ 4-3-414. Obligation of drawer - (a) This section does not apply to cashier's checks or...

§ 4-3-415. Obligation of indorser - (a) Subject to subsections (b), (c), and (d) and to...

§ 4-3-416. Transfer warranties - (a) A person who transfers an instrument for consideration warrants...

§ 4-3-417. Presentment warranties - (a) If an unaccepted draft is presented to the drawee...

§ 4-3-418. Payment or acceptance by mistake - (a) Except as provided in subsection (c), if the drawee...

§ 4-3-419. Instruments signed for accommodation - (a) If an instrument is issued for value given for...

§ 4-3-420. Conversion of instrument - (a) The law applicable to conversion of personal property applies...