Arkansas Statutes

§ 4-3-403 — Unauthorized signature

Arkansas § 4-3-403

This text of Arkansas § 4-3-403 (Unauthorized signature) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 4-3-403 (2026).

Text

(a)Unless otherwise provided in this chapter or § 4-4-401 et seq., an unauthorized signature is ineffective except as the signature of the unauthorized signer in favor of a person who in good faith pays the instrument or takes it for value. An unauthorized signature may be ratified for all purposes of this chapter.
(b)If the signature of more than one (1) person is required to constitute the authorized signature of an organization, the signature of the organization is unauthorized if one (1) of the required signatures is lacking.
(c)The civil or criminal liability of a person who makes an unauthorized signature is not affected by any provision of this chapter which makes the unauthorized signature effective for the purposes of this chapter.

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Related

Bank of Cave City v. Justice Farms, Inc.
761 S.W.2d 921 (Supreme Court of Arkansas, 1988)
Millsap v. Regions Bank
(E.D. Arkansas, 2021)

Legislative History

Acts 1991, No. 572, § 5.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-3-403, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-3-403.