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Arkansas Code of 1987 (2024)
Title 4 - BUSINESS AND COMMERCIAL LAW (§§ 4-1-101 — 4-119-105)
Subtitle 5 - CONTRACTS, NOTES, AND OTHER COMMERCIAL INSTRUMENTS (§§ 4-56-101 — 4-60-103)
Chapter 60 - CHECKS (§§ 4-60-101 — 4-60-103)
Section 4-60-101 - Definitions
Universal Citation:
AR Code § 4-60-101 (2024)
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As used in this chapter, unless the context otherwise requires:
- (1) "Check" means a written unconditional order to pay a sum certain in money drawn on a bank payable on demand and signed by the drawer;
- (2) "Drawee" means the bank or purported bank upon which a check is drawn;
- (3) "Drawer" means a person, either real or fictitious, whose name appears on a check as the primary obligor, whether the actual signature is that of himself or herself or a person authorized to draw the check in his or her behalf; and
- (4) "Issue" means make, draw, deliver, or pass a check.
Acts 1987, No. 66, § 1.
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