Ark. Code § 4-3-301

Current with all legislation passed during the 2023 Regular and First Extraordinary Sessions.
Section 4-3-301 - Person entitled to enforce instrument

"Person entitled to enforce" an instrument means

(i) the holder of the instrument,
(ii) a nonholder in possession of the instrument who has the rights of a holder, or
(iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to § 4-3-309 or § 4-3-418(d). A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument.

Ark. Code § 4-3-301

Acts 1991, No. 572, § 5.