2012 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 2 - Miscellaneous Commercial Law Provisions
Chapter 17 - Currency
§ 4-17-104 - Notes, tickets, etc. -- Actions.


AR Code § 4-17-104 (2012) What's This?

(a) The holder or owner of any change ticket, bill, or small note issued for the purpose of change, or otherwise, shall have the right to sue the drawer, issuer, or endorser of the change ticket or tickets, bill or bills, or small note or notes before any justice of the peace in this state.

(b) The justice of the peace before whom any suit may be brought under the provisions of this section, in all cases where he or she is satisfied that the defendant in the suit did draw, issue, sign, or endorse the change ticket, bill, or small note sued on and that the same is not paid, forthwith shall give judgment for the plaintiff for the amount of the change ticket, bill, or note sued on and shall forthwith grant the plaintiff an execution on the judgment if the plaintiff requires the execution.

(c) Any condition specified or set forth in any change ticket, bill, or note sued on that payment will be made when the sum of five dollars ($5.00) is presented shall not be a bar to any plaintiff obtaining a judgment on any change ticket, bill, or small note; however, the justice of the peace shall give judgment for the amount of the change ticket, bill, or small note sued on.

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