{"data":{"id":"us-ar/ark.-code-ann.-4-4-105","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-4-105","heading":"Definitions of types of banks.","body":"In this chapter:\n(1) “Bank” means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company;\n(2) “Depositary bank” means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;\n(3) “Payor bank” means a bank that is the drawee of a draft;\n(4) “Intermediary bank” means a bank to which an item is transferred in course of collection except the depositary or payor bank;\n(5) “Collecting bank” means a bank handling an item for collection except the payor bank;\n(6) “Presenting bank” means a bank presenting an item except a payor bank.","path":["Title 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 4 Bank Deposits and Collections","Part 1 — General Provisions and Definitions"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T21:07:03Z","sha256":"0f041e6f6469b0e1c194260e8209b4f2e44c082e2ccf8242ed98f9085709d64f","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-4-104","next":"us-ar/ark.-code-ann.-4-4-106"},"notice":"GroundRules: Original legal text. Not legal advice."}