Ark. Code § 17-19-302
Current with legislation from 2024 Fiscal and Special Sessions.
When a licensee accepts collateral, he or she shall give a prenumbered written receipt for it, and this receipt shall give in detail a full account of the collateral received. The licensee may perfect his or her lien on the collateral by any procedure available under the Uniform Commercial Code, § 4-1-101 et seq., or any other procedure provided for by law.
Ark. Code § 17-19-302