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AR SB171

Bill

Status

Passed

2/25/2025

Primary Sponsor

Clarke Tucker

Click for details

Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Corrects a grammatical error in Arkansas Code § 4-56-107(d)(4)(A) regarding digital currency by changing "does not require" to "does not prohibit" and "from compliance with" to "from complying with"

  • Ratifies the Arkansas Code Revision Commission's decision to make the grammatical correction

  • Clarifies that financial institutions and their employees are not prohibited from complying with federal financial privacy laws including the Right to Financial Privacy Act of 1978 and the Bank Secrecy Act

  • Specifies that the act makes only technical, not substantive, changes to the Arkansas Code and does not repeal any other acts passed during the 95th General Assembly

  • Approved on February 25, 2025 as Act 164 of the Regular Session

Legislative Description

To Make Technical Corrections To Title 4 Of The Arkansas Code Concerning Business And Commercial Law.

Last Action

Notification that SB171 is now Act 164

2/25/2025

Committee Referrals

Judiciary2/13/2025
Judiciary2/3/2025

Full Bill Text

No bill text available