Arkansas Code Annotated
Ark. Code Ann. § 4-4A-504 (2026)
Order in which items and payment orders may be charged to account — Order of withdrawals from account
✓ current as of May 2026
- If a receiving bank has received more than one (1) payment order of the sender or one (1) or more payment orders and other items that are payable from the sender's account, the bank may charge the sender's account with respect to the various orders and items in any sequence.
- In determining whether a credit to an account has been withdrawn by the holder of the account or applied to a debt of the holder of the account, credits first made to the account are first withdrawn or applied.
History. Acts 1991, No. 540, § 1.
Notes of Decisions
Cited in 1
case, 2015–2015 · leading case: Hanjy v. Arvest Bank, 94 F. Supp. 3d 1012 (E.D. Ark. 2015).
Hanjy v. Arvest Bank, 94 F. Supp. 3d 1012 (E.D. Ark. 2015). “See Ark.Code Ann. § 4-4A-504(a) (allowing for processing of electronic payment orders in any sequence); Mo.”
— Ark. Code Ann. § 4-4A-504(a) — 1 case
Hanjy v. Arvest Bank, 94 F. Supp. 3d 1012 (E.D. Ark. 2015). “See Ark.Code Ann. § 4-4A-504(a) (allowing for processing of electronic payment orders in any sequence); Mo.”
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