A principal who fails to comply with a provision of a contract under § 4-70-302 relating to payment of a commission or fails to pay a commission as required by § 4-70-303 is liable to the sales representative in a civil action for three (3) times the damages sustained by the sales representative, plus reasonable attorney's fees and costs.
Ark. Code Ann. § 4-70-306
Damages and attorney's fees
Applied in 2 court decisions — leading case Rico Industries, Inc. v. TLC Group, Inc. (2018)
Most recently applied in Rico Industries, Inc. v. TLC Group, Inc. (December 2018)
Acts 1989, No. 464, § 1.
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.