Arkansas Code Title 16. Practice, Procedure, and Courts § 16-131-206. Liability--Good faith actions

(a) If a settlement agreement is entered into in compliance with § 16-131-204, the signature of the guardian:

(b) A guardian acting in good faith on behalf of the minor under this subchapter is not liable to the minor for the moneys paid in settlement or for any other claim arising out of the settlement.

(c) A person or entity against whom a minor has a claim that settles the claim with the minor in good faith under this subchapter with the minor's guardian is not liable to the minor for any claims arising from the settlement of the claim.