Arkansas Statutes
§ 16-64-131 — New business rule - Damages
Arkansas § 16-64-131
JurisdictionArkansas
Title16
This text of Arkansas § 16-64-131 (New business rule - Damages) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 16-64-131 (2026).
Text
(a)In a case involving a recognized tort or breach of contract, there is no absolute denial of damages for lost profits to a newly established business.
(b)A newly established business is subject to the same standard of proof for lost profits as any other business regardless of how long the newly established business has operated.
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Legislative History
Added by Act 2017, No. 1103,§ 3, eff. 8/1/2017.
Nearby Sections
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ContemptCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 16-64-131, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/16-64-131.