Ark. Code § 17-19-302

Current with legislation from 2024 effective through May 3, 2024.
Section 17-19-302 - Collateral - Receipt required

When a licensee accepts collateral, he or she shall give a prenumbered written receipt for it, and this receipt shall give in detail a full account of the collateral received. The licensee may perfect his or her lien on the collateral by any procedure available under the Uniform Commercial Code, § 4-1-101 et seq., or any other procedure provided for by law.

Ark. Code § 17-19-302

Acts 1989, No. 417, § 1; 1997, No. 973, § 9.