Arkansas § 18-16-411 Conditions and limitations for imposing late fees

Arkansas Statutes

§ 18-16-411 — Conditions and limitations for imposing late fees

Arkansas § 18-16-411

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This text of Arkansas § 18-16-411 (Conditions and limitations for imposing late fees) 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. § 18-16-411 (2026).

Text

(a)If the amount of a late fee and the conditions for imposing a late fee are stated in the rental agreement or in an addendum to the rental agreement, the operator may impose a late fee on the occupant for each month the occupant does not pay rent when due that does not exceed the greater of:

(1)Thirty dollars ($30.00) per month; or (2) Twenty percent (20%) of the amount of monthly rent.

(b)Expenses incurred as a result of rent collection or lien enforcement by an operator may be charged to the occupant in addition to the late fees permitted by this section.

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(a) If the amount of a late fee and the conditions for imposing a late fee are stated in the rental agreement or in an addendum to the rental agreement, the operator may impose a late fee on the occupant for each month the occupant does not pay rent when due that does not exceed the greater of: (1) Thirty dollars ($30.00) per month; or (2) Twenty percent (20%) of the amount of monthly rent. (b) Expenses incurred as a result of rent collection or lien enforcement by an operator may be charged to the occupant in addition to the late fees permitted by this section.