{"data":{"id":"us-ar/ark.-code-ann.-4-9-201","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-9-201","heading":"General effectiveness of security agreement.","body":"(a) Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.\n(b) A transaction subject to this chapter is subject to any applicable rule of law which establishes a different rule for consumers; to any other statute or rule of this state that regulates the rates, charges, agreements, and practices for loans, credit sales, or other extensions of credit; to rights for workers' compensation as provided in § 11-9-110(a); and to any consumer-protection statute or rule of this state.\n(c) In case of conflict between this chapter and a rule of law, statute, or rule described in subsection (b), the rule of law, statute, or rule controls. Failure to comply with a statute or rule described in subsection (b) has only the effect the statute or rule specifies.\n(d) This chapter does not:\n(1) validate any rate, charge, agreement, or practice that violates a rule of law, statute, or rule described in subsection (b); or\n(2) extend the application of the rule of law, statute, or rule to a transaction not otherwise subject to it.","path":["Title 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 9 Secured Transactions","Part 2 — Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement","Subpart 1 Effectiveness and Attachment"],"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":"23234c95cfd1354c3f65479c768d81be2ad17bcf6bf353e2500b71d8495995b3","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-9-110","next":"us-ar/ark.-code-ann.-4-9-202"},"notice":"GroundRules: Original legal text. Not legal advice."}