Arkansas Statutes
§ 23-47-206 — Settlement of checks at par - Exception
Arkansas·Title 23
(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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Legislative History
Acts 1997, No. 89, § 1.
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