Arkansas § 4-25-102 - Corporate security or surety bonds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-25-102 — Corporate security or surety bonds., with citation guidance and answers to common questions.
§ 4-25-102. Corporate security or surety bonds.
Except as provided in § 23-37-314, § 23-37-511 [repealed], § 23-37-603, § 23-39-505, § 23-42-305, or § 23-55-204, if the laws of this state provide for the furnishing of a corporate security or surety bond to assure financial responsibility, the person, firm, or corporation required to provide the bond, in lieu of providing the corporate security or surety bond, may furnish the principal amount of at least the amount of the bond to be provided in the form of: Certificates of deposit issued by Arkansas banks and savings and loan associations; or Direct general obligation securities issued by: The State of Arkansas; An agency or instrumentality of the State of Arkansas; A political subdivision of this state; The United States; or An agency of the United States. It is not the intention of this section to prohibit the furnishing of personal bond or the furnishing of a property or other bond in any other such manner as is now provided by law. This section shall not apply to banks, savings and loan associations, any case where federal law requires a corporate surety bond, or in any case where performance of contractual obligations is required on the part of the person required to provide bond. Every governmental agency affected by this section is authorized and directed to issue such rules as are necessary and appropriate for the carrying out of this section.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-25-102
What does Arkansas Code of 1987 Annotated § 4-25-102 cover?
Section 4-25-102 ("Corporate security or surety bonds.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-25-102?
A common citation format is "Arkansas Code of 1987 Annotated § 4-25-102" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-25-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.