A landlord may not demand or receive a security deposit, however denominated, in an amount or value in excess of two (2) months periodic rent.
Ark. Code Ann. § 18-16-304
Maximum amount
Acts 1979, No. 531, § 2; A.S.A. 1947, § 50-526.
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.