Arkansas Code Annotated
Ark. Code Ann. § 4-9-302 (2026)
Law governing perfection and priority of agricultural liens
✓ current as of May 2026
While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products.
History. Acts 2001, No. 1439, § 1.
Research References
Ark. L. Notes.
Schneider, Notes on Agricultural Landlord's Liens Under Revised Article 9 of the Uniform Commercial Code, 2002 Arkansas L. Notes 53.
Case Notes
Cited: GMAC v. Union Bank & Trust Co., 329 F.3d 594 (8th Cir. 2003).
Notes of Decisions
Cited in 11
cases, 1988–2018 · leading case: Dowden v. First Sec. Bank (In Re Mid-South Auto Brokers, Inc.), 290 B.R. 658 (Bankr. E.D. Ark. 2003).
Dowden v. First Sec. Bank (In Re Mid-South Auto Brokers, Inc.), 290 B.R. 658 (Bankr. E.D. Ark. 2003). “The Trustee does not dispute the Bank’s claim to a perfected security interest in the vehicle inventory while held as inventory nor the Bank’s security interest in the certificate of deposit. The Trustee argues that each preferential payment occurred in connection with the sale…”
Meeks v. First Bank of South Arkansas (In Re Tracy's Flowers & Gifts, Inc.), 264 B.R. 1 (Bankr. E.D. Ark. 2001). “1999); Ark. Code Ann. § 4-9-302 (1) (Michie Supp.”
Herringer v. Mercantile Bank of Jonesboro, 866 S.W.2d 390 (Ark. 1993). “Ark. Code Ann. § 4-9-302 (1987). However, the bank’s interest was not perfected until the security interest had attached, under Ark.”
Bank of Yellville v. Scott (In Re Scott), 113 B.R. 516 (Bankr. W.D. Ark. 1990). “Although the last sentence of section 4-9-402(7) permits the continued perfection of a security interest in collateral which is transferred to a new entity, new property acquired by the transferee corporation is, by definition, not collateral transferred by the debtor.”
First Nat'l Bank v. Massachusetts Gen. Life Ins., 752 S.W.2d 1 (Ark. 1988). “Lifesavers borrowed $100,000 from the appellant bank, and the bank obtained an assignment from the agency of “All Accounts Receivable due the Borrower from Massachusetts General Life Insurance Company.”
River Valley Bank of Russellville v. Ace Sports Mgmt., LLC (In Re Ace Sports Mgmt., LLC), 271 B.R. 134 (Bankr. E.D. Ark. 2001). “ArkCode Ann. § 4-9-302 (Mi-chie 1991 & Supp.”
In Re Endicott, 239 B.R. 529 (Bankr. E.D. Ark. 1999). “Ark. Code Ann. § 4-9-302 (3)(a) & (4) (Michie Supp.”
Womack v. Newman Fixture Co., 766 S.W.2d 949 (Ark. Ct. App. 1989). “1985) (now Ark. Code Ann. § 4-9-302 (1987)). (There are some exceptions, one of which is when the collateral is in possession of the secured party, but none of the exceptions apply here.”
Womack v. Newman Fixture Co., 785 S.W.2d 226 (Ark. Ct. App. 1990). “1985) (now Ark.Code Ann. § 4-9-302 (1987)). (There are some exceptions, one of which is when the collateral is in possession of the secured party, but none of the exceptions apply here.”
In Re Jackson, 265 B.R. 176 (Bankr. W.D. Ark. 2001). “See Ark.Code Ann. § 4-9-302(3)(b) (Michie Supp.”
Rice v. Hill & Hill Farms P'ship (In re Turner Grain Merch., Inc.), 596 B.R. 49 (Bankr. E.D. Ark. 2018). “2001) ); see also Ark. Code Ann. § 4-9-302 (2001). For example, the same or similar provision is found in the state statutes for all other states in the Eighth Circuit.”
— Ark. Code Ann. § 4-9-302(3)(b) — 2 cases
Dowden v. First Sec. Bank (In Re Mid-South Auto Brokers, Inc.), 290 B.R. 658 (Bankr. E.D. Ark. 2003). “The Trustee does not dispute the Bank’s claim to a perfected security interest in the vehicle inventory while held as inventory nor the Bank’s security interest in the certificate of deposit. The Trustee argues that each preferential payment occurred in connection with the sale…”
In Re Jackson, 265 B.R. 176 (Bankr. W.D. Ark. 2001). “See Ark.Code Ann. § 4-9-302(3)(b) (Michie Supp.”
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