During the 2010 general election, Arkansas voters passed Arkansas Constitutional Amendment 89, which became effective on January 1, 2011. Amendment 89 simplified Arkansas usury law by dividing loans into three categories:
|photo credit: EJP Photo|
- Governmental bonds and loans now nave no maximum rate.
- Loans by or to federally insured depository institutions headquartered in Arkansas are capped by 12 U.S.C. § 1831u
- All other contracts subject to Arkansas law have a maximum allowable interest rate of 17%.
There are some pretty severe penalties for violating Arkansas usury law, which I'll cover in a future post, so you should always consult your attorney if you have concerns about an interest provision in a contract.
Merkur 46C Chrome-Piece Long Handle Double EdgeReplyDelete
Merkur 46C Chrome-Piece Long Handle Double Edge Safety Razor Matte 제왕카지노 Finish 메리트카지노 - Matte Finish, 메리트 카지노 주소 7 Oz, 3/8". Product Code: 45C0023-B0022CA$34.99 · In stock
Titanium White wheels - Titanium white wheelsReplyDelete
Titanium titanium alloy White wheels by Titanium Arts is a premium ceramic wheel made titanium hammers in Solingen, titanium trimmer Germany. citizen eco drive titanium watch This titanium welder craftsmanship was first made by Titanium Arts in