Ark. Code § 19-11-211

Current with legislation from 2024 effective through May 3, 2024.
Section 19-11-211 - Obligation of "good faith"

Every contract or duty within this subchapter imposes an obligation of good faith in its performance or enforcement. "Good faith" means honesty in fact in the conduct or transaction concerned and the observance of reasonable commercial standards of fair dealing.

Ark. Code § 19-11-211

Acts 1979, No. 482, § 6; A.S.A. 1947, § 14-236.