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Section 4-57-105 - Usurious interest prohibited — Arkansas Law | CourtGPT
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  2. Laws/
  3. Arkansas/
  4. Title 4 - Business and Commercial Law (§§ 4-1-101 — 4-119-105)/
  5. Subtitle 5 - Contracts, Notes, and Other Commercial Instruments/
  6. Chapter 57 - Interest and Usury (§§ 4-57-101 — 4-57-109)/
  7. Section 4-57-105 - Usurious interest prohibited
Arkansas Legal Code

Section 4-57-105 - Usurious interest prohibited

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No person or corporation shall, directly or indirectly, take or receive in money, goods, things in action, or any other valuable thing, any greater sum or value for the loan or forbearance of money or goods, things in action, or any other valuable thing, than is prescribed in § 4-57-104.Acts 1875, No. 56, § 2, p. 145; C. & M. Dig., § 7354; Pope's Dig., § 9393; A.S.A. 1947, § 68-603.