Arkansas § 4-106-205 Right to rescind contract - No waiver of claims

Arkansas Statutes

§ 4-106-205 — Right to rescind contract - No waiver of claims

Arkansas § 4-106-205

Title4

This text of Arkansas § 4-106-205 (Right to rescind contract - No waiver of claims) 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. § 4-106-205 (2026).

Text

(a)In addition to any other right to revoke an offer, a buyer who enters into a contract for the purchase of a health-related discount card or other purchasing mechanism or device has the absolute right to cancel the contract and receive a full refund without penalty until midnight of the thirtieth calendar day after the effective date of the card or other purchasing mechanism or device.

(b)The acceptance or use of any card or other purchasing mechanism or device is not a waiver of:

(1)Any claim that may be asserted under this subchapter or under § 4-88-101 et seq.; or (2) Any other applicable criminal, civil, or administrative penalties.

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(a) In addition to any other right to revoke an offer, a buyer who enters into a contract for the purchase of a health-related discount card or other purchasing mechanism or device has the absolute right to cancel the contract and receive a full refund without penalty until midnight of the thirtieth calendar day after the effective date of the card or other purchasing mechanism or device. (b) The acceptance or use of any card or other purchasing mechanism or device is not a waiver of: (1) Any claim that may be asserted under this subchapter or under § 4-88-101 et seq.; or (2) Any other applicable criminal, civil, or administrative penalties.