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 and the Bank Secrecy Act.
Additionally, the bill includes provisions that assert the intent of the General Assembly regarding the enactment of this act. It specifies that this act does not repeal any acts passed during the regular session of the Ninety-Fifth General Assembly and outlines how conflicts between this act and previous legislation should be resolved. The bill emphasizes that the changes made are purely technical and do not alter the substantive law.