The bill aims to make technical corrections to Title 4 of the Arkansas Code, specifically concerning business and commercial law. It reenacts Arkansas Code 4-56-107(d)(4)(A) to correct grammatical errors by changing "does not require" to "does not prohibit" and "from compliance with" to "from complying with." The new language clarifies that this section does not prohibit financial institutions or their representatives from complying with federal regulations, including the Right to Financial Privacy Act of 1978 and the Bank Secrecy Act.

Additionally, the bill includes a section that outlines the legislative intent, ensuring that the enactment of this act does not repeal any acts passed during the regular session of the Ninety-Fifth General Assembly. It establishes that in case of any conflicts between this act and previous legislation, the latter will take precedence, and emphasizes that the changes made are purely technical and not substantive.