Arkansas § 4-59-306 - Negotiation of bill for unowned or mortgaged goods.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-59-306 — Negotiation of bill for unowned or mortgaged goods., with citation guidance and answers to common questions.
§ 4-59-306. Negotiation of bill for unowned or mortgaged goods.
Any person who ships goods to which he or she does not have title or upon which there is a lien or mortgage and who takes for such goods a negotiable bill which he or she afterwards negotiates for value with intent to deceive and without disclosing his or her want of title or the existence of the lien or mortgage shall be guilty of a Class A misdemeanor.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-59-306
What does Arkansas Code of 1987 Annotated § 4-59-306 cover?
Section 4-59-306 ("Negotiation of bill for unowned or mortgaged goods.") 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 § 4-59-306?
A common citation format is "Arkansas Code of 1987 Annotated § 4-59-306" (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 § 4-59-306 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.