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Arkansas Code of 1987 (2023)
Title 20 - PUBLIC HEALTH AND WELFARE (§§ 20-2-101 — 20-86-113)
Subtitle 1 - GENERAL PROVISIONS (§§ 20-2-101 — 20-3-113)
Chapter 3 - ACHIEVING A BETTER LIFE EXPERIENCE PROGRAM ACT (§§ 20-3-101 — 20-3-113)
Section 20-3-112 - Limitation on liability
Universal Citation:
AR Code § 20-3-112 (2023)
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Neither the Achieving a Better Life Experience Program, the Achieving a Better Life Experience Program Committee and each of its members, nor the state shall:
- (1) Insure any ABLE account or guarantee any rate of return or any interest rate on any contribution;
- (2) Be liable for any loss incurred by any person as a result of participating in the program under this chapter; or
- (3) Be deemed to be a guarantor of a positive return on a contribution under this chapter.
Added by Act 2015, No. 1238,§ 1, eff. 7/22/2015.
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