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AMI 3005 UCC Definition—Good Faith

Arkansas Supreme Court Committee On Jury Instructions-Civil

Ark. Model Jury Instr., Civil AMI 3005
Arkansas Model Jury Instructions-Civil
November 2022 Update
Arkansas Supreme Court Committee On Jury Instructions-Civil
Chapter 30. Bank Deposits and Collections
AMI 3005 UCC Definition—Good Faith
“Good faith” means honesty in fact and the observance of reasonable commercial standards of fair dealing.
NOTE ON USE
Use this instruction when AMI 3003 or AMI 3006 is used.
COMMENT
This instruction is based on Ark. Code Ann. § 4-3-103(a)(5).
© 2022 Arkansas Supreme Court Committee on Jury Instructions-Civil
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