{"data":{"id":"us-ar/ark.-code-ann.-4-4-108","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-4-108","heading":"Time of receipt of items.","body":"(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of 2:00 p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books.\n(b) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.","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":"1fe63d91bd237c550e774410ba944a238fe810bdde58372310603fe8a08e3ea7","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-4-107","next":"us-ar/ark.-code-ann.-4-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}