Arkansas § 4-9-702 - Savings clause.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-9-702 — Savings clause., with citation guidance and answers to common questions.
§ 4-9-702. Savings clause.
Except as otherwise provided in this part, Acts 2001, No. 1439, applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before this act takes effect on July 1, 2001. Except as otherwise provided in subsection (c) and §§ 4-9-703 — 4-9-709: transactions and liens that were not governed by former Chapter 9, were validly entered into or created before this act takes effect, and would be subject to this act if they had been entered into or created after this act takes effect, and the rights, duties, and interests flowing from those transactions and liens remain valid after this act takes effect; and the transactions and liens may be terminated, completed, consummated, and enforced as required or permitted by this act or by the law that otherwise would apply if this act had not taken effect. This act does not affect an action, case, or proceeding commenced before this act takes effect.
Frequently Asked Questions About Arkansas § 4-9-702
What does Arkansas Code of 1987 Annotated § 4-9-702 cover?
Section 4-9-702 ("Savings clause.") 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 § 4-9-702?
A common citation format is "Arkansas Code of 1987 Annotated § 4-9-702" (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 § 4-9-702 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.