No person or corporation shall, directly or indirectly, take or receive in money, goods, things in action, or any other valuable thing, any greater sum or value for the loan or forbearance of money or goods, things in action, or any other valuable thing, than is prescribed in § 4-57-104.
Ark. Code Ann. § 4-57-105
Usurious interest prohibited
Applied in 1 court decision — leading case 2022 Ark. App. 220 - Dye v. Precision Foundation Specialties & Flow Rite Drainage Solutions, Inc. (2022)
Most recently applied in 2022 Ark. App. 220 - Dye v. Precision Foundation Specialties & Flow Rite Drainage Solutions, Inc. (May 2022)
Acts 1875, No. 56, § 2, p. 145; C. & M
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.