Ark. Code § 16-64-131

Current with legislation from 2024 effective through May 3, 2024.
Section 16-64-131 - New business rule - Damages
(a) In a case involving a recognized tort or breach of contract, there is no absolute denial of damages for lost profits to a newly established business.
(b) A newly established business is subject to the same standard of proof for lost profits as any other business regardless of how long the newly established business has operated.

Ark. Code § 16-64-131

Added by Act 2017, No. 1103,§ 3, eff. 8/1/2017.