Stricken language would be deleted from and underlined language would be added to present law.
*ANS470* 04/01/2025 1:09:40 PM ANS470
State of Arkansas 1
95th General Assembly A Bill 2
Regular Session, 2025 SENATE BILL 600 3
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By: Senator C. Tucker 5
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For An Act To Be Entitled 8
AN ACT TO REGULATE CONTRACTS; TO MANDATE CONTRACTUAL 9
PROVISIONS FOR CERTAIN CONTRACTS; TO CLARIFY PROPER 10
JURISDICTION FOR CERTAIN CONTACTS; AND FOR OTHER 11
PURPOSES. 12
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Subtitle 15
TO REGULATE CONTRACTS; TO MANDATE 16
CONTRACTUAL PROVISIONS FOR CERTAIN 17
CONTRACTS; AND TO CLARIFY PROPER 18
JURISDICTION FOR CERTAIN CONTACTS. 19
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 21
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SECTION 1. Arkansas Code Title 4, Chapter 56, Subchapter 1, is amended 23
to add an additional section to read as follows: 24
4-56-108. Jurisdiction and venue requirements for certain contracts. 25
Notwithstanding any contractual provision to the contrary, if an 26
Arkansas resident, while in this state, enters into a contract to purchase or 27
to finance a purchase of real or personal property in an amount equal to or 28
less than one hundred thousand dollars ($100,000), then: 29
(1) Arkansas law governs the transaction; and 30
(2) Any litigation pertaining to a contract described under this 31
section is subject to the jurisdiction of this state. 32
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