Arkansas Statutes

§ 16-123-345 — Incentives for self-testing and self-correction

Arkansas·Title 16
(a)(1) A report or result of a self-test, as that term is defined by rule of the Director of the Arkansas Fair Housing Commission, shall be considered to be privileged under subdivision (a)(2) of this section if a person:
(A)Conducts or authorizes an independent third party to conduct a self-test of any aspect of a residential real estate-related lending transaction or any part of that transaction by that person in order to determine the level or effectiveness of compliance with this subchapter by that person; and (B) Has identified any possible violation of this subchapter by that person and has taken, or is taking, appropriate corrective action to address any such possible violation.
(2)If a person meets the conditions specified in subdivision (a)(1) of this section with respect to a

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Legislative History

Amended by Act 2019, No. 315,§ 1324, eff. 7/24/2019. Acts 2001, No. 1785, § 46; 2003, No. 1775, §§ 10, 11.

Nearby Sections

15
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