88 chapters · 1,044 sections in this title.
Ark. Code Ann. § 4-2-101 Short title
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This chapter shall be known and may be cited as Uniform Commercial Code — Sales.
Ark. Code Ann. § 4-2-102 Scope — Certain security and other transactions excluded from chapter. [Effective until September 1, 2026]
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(1) Unless the context otherwise requires, and except as provided in subsection (3), this chapter applies to transactions in goods and, in the case of a hybrid transaction, it applies to the extent provided in subsection (2). (2) In a hybrid transaction:(a) If the sale-of-goods a…
Ark. Code Ann. § 4-2-103 Definitions and index of definitions
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(1) In this chapter unless the context otherwise requires:(a) “Buyer” means a person who buys or contracts to buy goods.(b) [Reserved.](c) “Receipt” of goods means taking physical possession of them.(d) “Seller” means a person who sells or contracts to sell goods. (a) “Buyer” mea…
Ark. Code Ann. § 4-2-104 Definitions — “Merchant” — “Between merchants” — “Financing agency”
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(1) “Merchant” means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his employment of an a…
Ark. Code Ann. § 4-2-105 Definitions — Transferability — “Goods” — “Future” goods — “Lot” — “Commercial unit”
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(1) “Goods” means all things (including specially manufactured goods) which are moveable at the time of identification to the contract for sale other than the money in which the price is to be paid, investment securities (Chapter 8 of this title) and things in action. “Goods” als…
Ark. Code Ann. § 4-2-106 Definitions — “Contract” — “Agreement” — “Contract for sale” — “Sale” — “Present sale” — “Conforming” to contract — “Termination” — “Cancellation”. [Effective until September 1, 2026.]
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(1) In this chapter unless the context otherwise requires “contract” and “agreement” are limited to those relating to the present or future sale of goods. “Contract for sale” includes both a present sale of goods and a contract to sell goods at a future time. A “sale” consists in…
Ark. Code Ann. § 4-2-107 Goods to be severed from realty — Recording
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(1) A contract for the sale of minerals or the like (including oil and gas) or a structure or its materials to be removed from realty is a contract for the sale of goods within this chapter if they are to be severed by the seller but until severance a purported present sale there…
Ark. Code Ann. § 4-2-201 Formal requirements — Statute of frauds. [Effective until September 1, 2026.]
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(1) Except as otherwise provided in this section a contract for the sale of goods for the price of five hundred dollars ($500) or more is not enforceable by way of action or defense unless there is some writing sufficient to indicate that a contract for sale has been made between…
Ark. Code Ann. § 4-2-202 Final written expression — Parol or extrinsic evidence. [Effective until September 1, 2026.]
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(a) Terms with respect to which the confirmatory memoranda of the parties agree or which are otherwise set forth in a writing intended by the parties as a final expression of their agreement with respect to such terms as are included therein may not be contradicted by evidence of…
Ark. Code Ann. § 4-2-203 Seals inoperative. [Effective until September 1, 2026.]
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The affixing of a seal to a writing evidencing a contract for sale or an offer to buy or sell goods does not constitute the writing a sealed instrument and the law with respect to sealed instruments does not apply to such a contract or offer.
Ark. Code Ann. § 4-2-204 Formation in general
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(1) A contract for sale of goods may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of such a contract. (2) An agreement sufficient to constitute a contract for sale may be found even though the moment of its m…
Ark. Code Ann. § 4-2-205 Firm offers. [Effective until September 1, 2026.]
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An offer by a merchant to buy or sell goods in a signed writing which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrev…
Ark. Code Ann. § 4-2-206 Offer and acceptance in formation of contract
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(1) Unless otherwise unambiguously indicated by the language or circumstances(a) an offer to make a contract shall be construed as inviting acceptance in any manner and by any medium reasonable in the circumstances;(b) an order or other offer to buy goods for prompt or current sh…
Ark. Code Ann. § 4-2-207 Additional terms in acceptance or confirmation
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(1) A definite and seasonable expression of acceptance or a written confirmation which is sent within a reasonable time operates as an acceptance even though it states terms additional to or different from those offered or agreed upon, unless acceptance is expressly made conditio…
Ark. Code Ann. § 4-2-208 [Repealed.]
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A.C.A. § 4-2-208Current through all legislation of the 2025 Regular Session.Arkansas Code of 1987 Annotated Official EditionCopyright © 2026 by the State of Arkansas All rights reserved
Ark. Code Ann. § 4-2-209 Modification, rescission, and waiver. [Effective until September 1, 2026.]
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(1) An agreement modifying a contract within this chapter needs no consideration to be binding. (2) A signed agreement which excludes modification or rescission except by a signed writing cannot be otherwise modified or rescinded, but except as between merchants such a requiremen…
Ark. Code Ann. § 4-2-210 Delegation of performance — Assignment of rights
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(1) A party may perform his duty through a delegate unless otherwise agreed or unless the other party has a substantial interest in having his original promisor perform or control the acts required by the contract. No delegation of performance relieves the party delegating of any…
Ark. Code Ann. § 4-2-301 General obligation of parties
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The obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay in accordance with the contract.
Ark. Code Ann. § 4-2-302 Unconscionable contract or clause
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(1) If the court as a matter of law finds the contract or any clause of the contract to have been unconscionable at the time it was made the court may refuse to enforce the contract, or it may enforce the remainder of the contract without the unconscionable clause, or it may so l…
Ark. Code Ann. § 4-2-303 Allocation or division of risks
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Where this chapter allocates a risk or a burden as between the parties “unless otherwise agreed”, the agreement may not only shift the allocation but may also divide the risk or burden.
Ark. Code Ann. § 4-2-304 Price payable in money, goods, realty, or otherwise
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(1) The price can be made payable in money or otherwise. If it is payable in whole or in part in goods each party is a seller of the goods which he is to transfer. (2) Even though all or part of the price is payable in an interest in realty the transfer of the goods and the selle…
Ark. Code Ann. § 4-2-305 Open price term
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(1) The parties if they so intend can conclude a contract for sale even though the price is not settled. In such a case the price is a reasonable price at the time for delivery if(a) nothing is said as to price; or(b) the price is left to be agreed by the parties and they fail to…
Ark. Code Ann. § 4-2-306 Output, requirements, and exclusive dealings
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(1) A term which measures the quantity by the output of the seller or the requirements of the buyer means such actual output or requirements as may occur in good faith, except that no quantity unreasonably disproportionate to any stated estimate or in the absence of a stated esti…
Ark. Code Ann. § 4-2-307 Delivery in single lot or several lots
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Unless otherwise agreed all goods called for by a contract for sale must be tendered in a single delivery and payment is due only on such tender but where the circumstances give either party the right to make or demand delivery in lots the price if it can be apportioned may be de…
Ark. Code Ann. § 4-2-308 Absence of specified place for delivery
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(a) Unless otherwise agreed(a) the place for delivery of goods is the seller's place of business or if he has none his residence; but(b) in a contract for sale of identified goods which to the knowledge of the parties at the time of contracting are in some other place, that place…
Ark. Code Ann. § 4-2-309 Absence of specific time provisions — Notice of termination
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(1) The time for shipment or delivery or any other action under a contract if not provided in this chapter or agreed upon shall be a reasonable time. (2) Where the contract provides for successive performances but is indefinite in duration it is valid for a reasonable time but un…
Ark. Code Ann. § 4-2-310 Open time for payment or running of credit — Authority to ship under reservation
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(a) Unless otherwise agreed(a) payment is due at the time and place at which the buyer is to receive the goods even though the place of shipment is the place of delivery; and(b) if the seller is authorized to send the goods he may ship them under reservation, and may tender the d…
Ark. Code Ann. § 4-2-311 Options and cooperation respecting performance
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(1) An agreement for sale which is otherwise sufficiently definite (§ 4-2-204(3)) to be a contract is not made invalid by the fact that it leaves particulars of performance to be specified by one of the parties. Any such specification must be made in good faith and within limits …
Ark. Code Ann. § 4-2-312 Warranty of title and against infringements — Buyer's obligation against infringement
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(1) Subject to subsection (2) there is in a contract for sale a warranty by the seller that(a) the title conveyed shall be good, and its transfer rightful; and(b) the goods shall be delivered free from any security interest or other lien or encumbrance of which the buyer at the t…
Ark. Code Ann. § 4-2-313 Express warranties by affirmation, promise, description, sample
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(1) Express warranties by the seller are created as follows:(a) Any affirmation of fact or promise made by the seller to the buyer which relates to the goods and becomes part of the basis of the bargain creates an express warranty that the goods shall conform to the affirmation o…
Ark. Code Ann. § 4-2-314 Implied warranty — Merchantability — Usage of trade
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(1) Unless excluded or modified (§ 4-2-316), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind. Under this section the serving for value of food or drink to be consumed either on …
Ark. Code Ann. § 4-2-501 Insurable interest in goods — Manner of identification of goods
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(1) The buyer obtains a special property and an insurable interest in goods by identification of existing goods as goods to which the contract refers even though the goods so identified are non-conforming and he has an option to return or reject them. Such identification can be m…
Ark. Code Ann. § 4-2-502 Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency
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(1) Subject to subsections (2) and (3) and even though the goods have not been shipped a buyer who has paid a part or all of the price of goods in which he has a special property under the provisions of § 4-2-501 may on making and keeping good a tender of any unpaid portion of th…
Ark. Code Ann. § 4-2-503 Manner of seller's tender of delivery
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(1) Tender of delivery requires that the seller put and hold conforming goods at the buyer's disposition and give the buyer any notification reasonably necessary to enable him to take delivery. The manner, time and place for tender are determined by the agreement and this chapter…
Ark. Code Ann. § 4-2-504 Shipment by seller
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(a) Where the seller is required or authorized to send the goods to the buyer and the contract does not require him to deliver them at a particular destination, then unless otherwise agreed he must(a) put the goods in the possession of such a carrier and make such a contract for …
Ark. Code Ann. § 4-2-505 Seller's shipment under reservation
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(1) Where the seller has identified goods to the contract by or before shipment:(a) his procurement of a negotiable bill of lading to his own order or otherwise reserves in him a security interest in the goods. His procurement of the bill to the order of a financing agency or of …
Ark. Code Ann. § 4-2-506 Rights of financing agency
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(1) A financing agency by paying or purchasing for value a draft which relates to a shipment of goods acquires to the extent of the payment or purchase and in addition to its own rights under the draft and any document of title securing it any rights of the shipper in the goods i…
Ark. Code Ann. § 4-2-507 Effect of seller's tender — Delivery on condition
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(1) Tender of delivery is a condition to the buyer's duty to accept the goods and, unless otherwise agreed, to his duty to pay for them. Tender entitles the seller to acceptance of the goods and to payment according to the contract. (2) Where payment is due and demanded on the de…
Ark. Code Ann. § 4-2-508 Cure by seller of improper tender or delivery — Replacement
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(1) Where any tender or delivery by the seller is rejected because non-conforming and the time for performance has not yet expired, the seller may seasonably notify the buyer of his intention to cure and may then within the contract time make a conforming delivery. (2) Where the …
Ark. Code Ann. § 4-2-509 Risk of loss in the absence of breach
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(1) Where the contract requires or authorizes the seller to ship the goods by carrier(a) if it does not require him to deliver them at a particular destination, the risk of loss passes to the buyer when the goods are duly delivered to the carrier even though the shipment is under…
Ark. Code Ann. § 4-2-510 Effect of breach on risk of loss
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(1) Where a tender or delivery of goods so fails to conform to the contract as to give a right of rejection the risk of their loss remains on the seller until cure or acceptance. (2) Where the buyer rightfully revokes acceptance he may to the extent of any deficiency in his effec…
Ark. Code Ann. § 4-2-511 Tender of payment by buyer — Payment by check
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(1) Unless otherwise agreed tender of payment is a condition to the seller's duty to tender and complete any delivery. (2) Tender of payment is sufficient when made by any means or in any manner current in the ordinary course of business unless the seller demands payment in legal…
Ark. Code Ann. § 4-2-512 Payment by buyer before inspection
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(1) Where the contract requires payment before inspection non-conformity of the goods does not excuse the buyer from so making payment unless(a) the non-conformity appears without inspection; or(b) despite tender of the required documents the circumstances would justify injunctio…
Ark. Code Ann. § 4-2-513 Buyer's right to inspection of goods
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(1) Unless otherwise agreed and subject to subsection (3), where goods are tendered or delivered or identified to the contract for sale, the buyer has a right before payment or acceptance to inspect them at any reasonable place and time and in any reasonable manner. When the sell…
Ark. Code Ann. § 4-2-514 When documents deliverable on acceptance — When on payment
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Unless otherwise agreed documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft if it is payable more than three (3) days after presentment; otherwise, only on payment.
Ark. Code Ann. § 4-2-515 Preserving evidence of goods in dispute
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(a) In furtherance of the adjustment of any claim or dispute(a) either party on reasonable notification to the other and for the purpose of ascertaining the facts and preserving evidence has the right to inspect, test and sample the goods including such of them as may be in the p…
Ark. Code Ann. § 4-2-601 Buyer's rights on improper delivery
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(a) Subject to the provisions of this chapter on breach in installment contracts (§ 4-2-612) and unless otherwise agreed under the sections on contractual limitations of remedy (§§ 4-2-718 and 4-2-719), if the goods or the tender of delivery fail in any respect to conform to the …
Ark. Code Ann. § 4-2-602 Manner and effect of rightful rejection
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(1) Rejection of goods must be within a reasonable time after their delivery or tender. It is ineffective unless the buyer seasonably notifies the seller. (2) Subject to the provisions of the two (2) following sections on rejected goods (§§ 4-2-603, 4-2-604),(a) after rejection a…
Ark. Code Ann. § 4-2-603 Merchant buyer's duties as to rightfully rejected goods
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(1) Subject to any security interest in the buyer (§ 4-2-711(3)), when the seller has no agent or place of business at the market of rejection a merchant buyer is under a duty after rejection of goods in his possession or control to follow any reasonable instructions received fro…
Ark. Code Ann. § 4-2-604 Buyer's options as to salvage of rightfully rejected goods
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Subject to the provisions of the immediately preceding section on perishables if the seller gives no instructions within a reasonable time after notification of rejection the buyer may store the rejected goods for the seller's account or reship them to him or resell them for the …