{"data":{"id":"us-ar/ark.-code-ann.-4-56-101","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-56-101","heading":"Attorney's fees","body":"(a) A provision in a promissory note for the payment of reasonable attorney's fees, not to exceed ten percent (10%) of the amount of principal due, plus accrued interest, for services actually rendered in accordance with its terms is enforceable as a contract of indemnity.\n\n(b) This section shall apply only to notes executed from and after June 7, 1951.","path":["AR Code","Title 4","Chapter 56"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"7c812385742cd2bf3f6d4133c02d23f67d86e910c365385b68330255b3735bf2","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-47-908","next":"us-ar/ark.-code-ann.-4-56-102"},"notice":"GroundRules: Original legal text. Not legal advice."}
