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Arkansas Code of 1987 (2024)
Title 4 - BUSINESS AND COMMERCIAL LAW (§§ 4-1-101 — 4-119-105)
Subtitle 5 - CONTRACTS, NOTES, AND OTHER COMMERCIAL INSTRUMENTS (§§ 4-56-101 — 4-60-103)
Chapter 57 - INTEREST AND USURY (§§ 4-57-101 — 4-57-109)
Section 4-57-104 - Maximum rate of interest permitted
Universal Citation:
AR Code § 4-57-104 (2024)
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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.
Amended by Act 2013, No. 1124,§ 3, eff. 8/16/2013.
Acts 1875, No. 56, § 1, p. 145; C. & M. Dig., § 7353; Pope's Dig., § 9392; A.S.A. 1947, § 68-602.
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