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Current as of March 28, 2024 | Updated by FindLaw Staff
(a) No person shall knowingly interfere with a licensee relationship between a licensee and a person or entity.
(b) No licensee shall be liable for a referral fee when reasonable cause for payment does not exist.
(c)(1) Any person or entity aggrieved by a violation of this subchapter may bring a civil action in any court of competent jurisdiction.
(2) The damages recoverable in an action under subdivision (c)(1) of this section shall be:
(A) The actual damages; and
(B) Reasonable attorney's fees and expenses.
(d) Nothing in this subchapter is intended to:
(1) Create a presumption that if reasonable cause for payment of a referral fee exists, a legal right to the referral fee exists; or
(2) Authorize the payment of a referral fee that is otherwise prohibited by law or rule of the Arkansas Real Estate Commission.
Cite this article: FindLaw.com - Arkansas Code Title 17. Professions, Occupations, and Businesses § 17-42-702. Interference with licensee relationships prohibited - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-17-professions-occupations-and-businesses/ar-code-sect-17-42-702/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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