Arkansas Code Title 4, Subtitle 5, Chapter 57 - Interest and Usury
- § 4-57-101 - Calculation of Interest.
(a) Whenever in any statute, deed, written or verbal contract, or in any public or private instrument whatever, any certain interest is or may...
- § 4-57-102 - Reservation or Discounting of Interest Permitted.
It is lawful for a party to loan money in this state by reserving or discounting interest upon commercial paper, mortgages, or other securities...
- § 4-57-103 - Statement of Principal and Interest.
(a) Upon written request of the borrower or debtor, any seller, lender, or any other person, corporation, or legal entity extending credit in this...
- § 4-57-104 - Maximum Rate of Interest Permitted.
The parties to a contract may agree in writing to the payment of interest not exceeding the applicable rate of interest, if any, set...
- § 4-57-105 - Usurious Interest Prohibited.
No person or corporation shall, directly or indirectly, take or receive in money, goods, things in action, or any other valuable thing, any greater...
- § 4-57-106 - [Repealed.]
- § 4-57-107 - [Repealed.]
- § 4-57-108 - [Repealed.]
- § 4-57-109 - Consumer Lawsuit Lending.
(a) As used in this section: (1) "Consumer" means an individual who is or may become a plaintiff or claimant in a dispute; (2)...
Last modified: November 15, 2016