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AR HB1736

Bill

Official Source

Status

Failed

5/17/2013

Primary Sponsor

Darrin Williams

Click for details

Origin

House of Representatives

89th General Assembly (2013 Regular)

AI Summary

  • Repeals Arkansas Code § 4-57-108, which was rendered obsolete by Amendment 89 to the Arkansas Constitution
  • Eliminates the provision awarding reasonable attorney's fees to persons who prevail in circuit court litigation alleging a consumer loan or credit sale to be willfully usurious under Amendment 60
  • Specifies that the repeal applies to all actions pending on June 28, 1985, or instituted thereafter
  • Includes a severability clause ensuring that other acts passed during the 89th General Assembly retain full force and effect if they conflict with this legislation

Legislative Description

To Repeal Or Amend Certain Obsolete Laws Concerning Business And Commercial Law Contained In Title 4 Of The Arkansas Code.

Last Action

Sine Die adjournment

5/17/2013

Committee Referrals

Judiciary4/8/2013
Judiciary3/6/2013

Full Bill Text

No bill text available