Arkansas Statutes
§ 23-37-507 — Damages for refusal to pay withdrawal request
Arkansas·Title 23
In the event an association wrongfully and without legal right refuses to pay a withdrawal request for a savings account, the owner of the savings account shall be entitled to recover damages from the association equal to interest at the legal rate prescribed by the laws of this state from the date the withdrawal request was refused. The owner shall not be entitled to recover from the association any special damages of whatever kind or nature.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-37-507 (Damages for refusal to pay withdrawal request) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1963, No. 227, § 46; A.S.A. 1947, § 67-1846.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
Citizens band radio equipment