Arkansas § 4-9-204 - After-acquired property — Future advances.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-9-204 — After-acquired property — Future advances., with citation guidance and answers to common questions.
§ 4-9-204. After-acquired property — Future advances.
Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired collateral. A security interest does not attach under a term constituting an after-acquired property clause to: consumer goods, other than an accession when given as additional security, unless the debtor acquires rights in them within ten (10) days after the secured party gives value; or a commercial tort claim. A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to commitment.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-9-204
What does Arkansas Code of 1987 Annotated § 4-9-204 cover?
Section 4-9-204 ("After-acquired property — Future advances.") 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 § 4-9-204?
A common citation format is "Arkansas Code of 1987 Annotated § 4-9-204" (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 § 4-9-204 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.