The parties to a contract may agree in writing to the payment of interest not exceeding the applicable rate of interest, if any, set forth in Arkansas Constitution, Amendment 89, on money due or to become due.
Ark. Code Ann. § 4-57-104
Maximum rate of interest permitted
Applied in 3 court decisions — leading case Campbell v. Asbury Automotive, Inc. (2011)
Most recently applied in 2022 Ark. App. 220 - Dye v. Precision Foundation Specialties & Flow Rite Drainage Solutions, Inc. (May 2022)
Acts 1875, No. 56, § 1, p. 145; C. & M
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
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.