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Ark. Code Ann. § 16-64-131

New business rule — Damages

Acts 2017, No. 1103, § 3.

(1) In a case involving a recognized tort or breach of contract, there is no absolute denial of damages for lost profits to a newly established business.

(2) A newly established business is subject to the same standard of proof for lost profits as any other business regardless of how long the newly established business has operated.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.