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Arkansas Code Title 4. Business and Commercial Law § 4-90-207. Civil actions

Current as of March 28, 2024 | Updated by Findlaw Staff

(a)(1) A person who violates this subchapter or a rule prescribed under this subchapter with intent to defraud is liable for three (3) times the actual damages or one thousand five hundred dollars ($1,500), whichever is greater.

(2)(A) A person may bring a civil action to enforce a claim under this subsection in an appropriate court of competent jurisdiction.

(B) The action must be brought not later than five (5) years after the claim accrues.

(C) The court shall award costs and a reasonable attorney's fee to the person when a judgment is entered for that person.

(b) Nothing in this subchapter, however, shall in any way limit any other statutory or common law rights, causes of actions, or remedies which are otherwise available to a person, including, but not limited to, actions for:

(1) Breach of warranty;

(2) Fraud;

(3) Negligent misrepresentation;

(4) Intentional misrepresentation;

(5) Deceptive trade practices actions;

(6) Rescission; or

(7) Revocation of acceptance.

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Cite this article: FindLaw.com - Arkansas Code Title 4. Business and Commercial Law § 4-90-207. Civil actions - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-4-business-and-commercial-law/ar-code-sect-4-90-207/

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