Ark. Code § 17-42-702

Current with legislation from 2024 Fiscal and Special Sessions.
Section 17-42-702 - Interference with licensee relationships prohibited
(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.

Ark. Code § 17-42-702

Amended by Act 2019, No. 315,§ 1468, eff. 7/24/2019.
Acts 2005, No. 1946, § 1.