2012 Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 5 - Contracts, Notes, And Other Commercial Instruments
Chapter 57 - Interest And Usury
§ 4-57-108 - Usurious consumer loans or credit sales -- Award of attorney's fees.
(a) Any person who prevails in circuit court in litigation alleging a consumer loan or credit sale to be willfully usurious under Arkansas Constitution, Amendment 60, shall be awarded reasonable attorney's fees.
(b) This section shall be applicable to all actions pending on June 28, 1985, or instituted thereafter.
(c) For purposes of this section, the term "person" means any individual, partnership, corporation, financial institution, or other legal entity.
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