Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 1 - Development Of Economic And Natural Resources Generally > Chapter 4 - Development Of Business And Industry Generally > Subchapter 10 - Arkansas Capital Development Company Act > § 15-4-1023 - Obligations as negotiable instruments.

§ 15-4-1023 - Obligations as negotiable instruments.

15-4-1023. Obligations as negotiable instruments.

All bonds, notes, debentures, and other similar obligations of a capital development company authorized under and issued in compliance with the provisions of this subchapter shall be and shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments law of the state.