Arkansas Code Title 4, Subtitle 1, Chapter 2a - Leases, Part 5 - Default, a in General

• § 4-2a-501 - Default -- Procedure.
  (1) Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this chapter.(2) If...
• § 4-2a-502 - Notice After Default.
  Except as otherwise provided in this chapter or the lease agreement, the lessor or lessee in default under the lease contract is not entitled...
• § 4-2a-503 - Modification or Impairment of Rights and Remedies.
  (1) Except as otherwise provided in this chapter, the lease agreement may include rights and remedies for default in addition to or in substitution...
• § 4-2a-504 - Liquidation of Damages.
  (1) Damages payable by either party for default, or any other act or omission, including indemnity for loss or diminution of anticipated tax benefits...
• § 4-2a-505 - Cancellation and Termination and Effect of Cancellation, Termination, Rescission, or Fraud on Rights and Remedies.
  (1) On cancellation of the lease contract, all obligations that are still executory on both sides are discharged, but any right based on prior...
• § 4-2a-506 - Statute of Limitations.
  (1) An action for default under a lease contract, including breach of warranty or indemnity, must be commenced within four (4) years after the...
• § 4-2a-507 - Proof of Market Rent -- Time and Place.
  (1) Damages based on market rent (§ 4-2A-519 or § 4-2A-528) are determined according to the rent for the use of the goods concerned...

Last modified: November 15, 2016