HB 2102 Summary

• Adds new section 4-86-111 to Arkansas Code Title 4, Chapter 86 regarding warranty obligations and business name changes.

• Prohibits businesses operating in Arkansas from voiding warranties (express or implied) or their obligations by changing the business or company name.

• Makes warranties enforceable against a renamed business if the new business is incorporated or organized by the same individuals or principals as the original business.

• Requires the new business to provide the same type of goods or services as the original business for the warranty to remain enforceable.