Arkansas § 4-2A-522 - Lessee's right to goods on lessor's insolvency.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-2A-522 — Lessee's right to goods on lessor's insolvency., with citation guidance and answers to common questions.
§ 4-2A-522. Lessee's right to goods on lessor's insolvency.
Subject to subsection (2) and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract (§ 4-2A-217) on making and keeping good a tender of any unpaid portion of the rent and security due under the lease contract may recover the goods identified from the lessor if the lessor becomes insolvent within ten (10) days after receipt of the first installment of rent and security. A lessee acquires the right to recover goods identified to a lease contract only if they conform to the lease contract.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-2A-522
What does Arkansas Code of 1987 Annotated § 4-2A-522 cover?
Section 4-2A-522 ("Lessee's right to goods on lessor's insolvency.") 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 § 4-2A-522?
A common citation format is "Arkansas Code of 1987 Annotated § 4-2A-522" (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 § 4-2A-522 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.