Arkansas Statutes

§ 4-56-101 — Attorney's fees

Arkansas § 4-56-101

This text of Arkansas § 4-56-101 (Attorney's 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. § 4-56-101 (2026).

Text

(a)A provision in a promissory note for the payment of reasonable attorney's fees, not to exceed ten percent (10%) of the amount of principal due, plus accrued interest, for services actually rendered in accordance with its terms is enforceable as a contract of indemnity.
(b)This section shall apply only to notes executed from and after June 7, 1951.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

First Nat. Bank of Crossett v. Griffin
832 S.W.2d 816 (Supreme Court of Arkansas, 1992)
89 case citations
Damron v. University Estates, Phase II, Inc.
750 S.W.2d 402 (Supreme Court of Arkansas, 1988)
31 case citations
Kinkead v. Union National Bank
907 S.W.2d 154 (Court of Appeals of Arkansas, 1995)
18 case citations
Loewer v. National Bank
844 S.W.2d 329 (Supreme Court of Arkansas, 1992)
7 case citations

Legislative History

Acts 1951, No. 350, §§ 1, 2; A.S.A. 1947, §§ 68-910, 68-910n.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Arkansas § 4-56-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-56-101.