Arkansas Code Annotated
Ark. Code Ann. § 4-58-106 (2026)
Powers of assignor after assignment
✓ current as of May 2026
No assignor shall be able to release any part of the consideration of the instrument by him or her assigned after the assignment thereof.
History. Rev. Stat., ch. 11, § 8; C. & M. Dig., § 483; Pope's Dig., § 520; A.S.A. 1947, § 68-810.
Case Notes
Cited: Mammoth Vein Coal Co. v. Bishop, 113 Ark. 585, 168 S.W. 1086 (1914); United Servs. Auto. Ass'n v. Norton, 2020 Ark. App. 100, 596 S.W.3d 522 (2020).
Notes of Decisions
Cited in 2
cases, 1994–2020 · leading case: United Servs. Automovile Ass'n v. Mary Norton, 2020 Ark. App. 100 (Ark. Ct. App. 2020).
United Servs. Automovile Ass'n v. Mary Norton, 2020 Ark. App. 100 (Ark. Ct. App. 2020). “Under the insurance contract between the parties, USAA agreed to pay benefits “to or for” Norton, and it did so. USAA honored the assignment and lien as it was obligated by law to do.”
Watkins v. Hadamek, 892 S.W.2d 515 (Ark. Ct. App. 1994). “In the course of amending Rule 17 in 1966 the advisory committee noted: In its origin the rule concerning the real party in interest was permissive in purpose; it was designed to allow an assignee to sue in his own name.”
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treatment. Dots show Syfertize treatment of the citing case itself.