Arkansas § 23-54-109 Remedies

Arkansas Statutes

§ 23-54-109 — Remedies

Arkansas § 23-54-109

Title23

This text of Arkansas § 23-54-109 (Remedies) 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. § 23-54-109 (2026).

Text

(a)A lender who fails to make loan advances as required in the loan documents shall pay the borrower triple the amount wrongfully withheld plus interest at the maximum legal rate.

(b)No arrangement, transfer, or lien subject to this chapter shall be invalidated solely because of the failure of a lender to comply with any provision of this chapter.

(c)Nothing in this section shall preclude the application of any other civil remedy provided by law.

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(a) A lender who fails to make loan advances as required in the loan documents shall pay the borrower triple the amount wrongfully withheld plus interest at the maximum legal rate. (b) No arrangement, transfer, or lien subject to this chapter shall be invalidated solely because of the failure of a lender to comply with any provision of this chapter. (c) Nothing in this section shall preclude the application of any other civil remedy provided by law.