US Lawyer Database

§ 12-62-709. Exercise of rights not to affect future financial transactions

Application by a service member in military service for, or receipt of, a stay, postponement, or suspension under this subchapter in the payment of any fine, penalty, insurance premium, or other civil obligation or liability may not be used for any of the following: (1) A determination by any lender or other person that the […]

§ 12-62-710. Stay of execution of judgment

Unless the court determines on the record that the ability of the service member to comply with the judgment or order entered or sought is not materially affected by reason of his or her military service, the court may, on its own motion, or upon application to it by the service member or another person […]

§ 12-62-711. Duration of stay

(a) Any stay of an action, proceeding, attachment, or execution ordered by any court under this subchapter may be ordered for the period of military service, plus sixty (60) days after its termination or any part of that time period. (b) Where the service member in military service is a codefendant with others, the plaintiff, […]

§ 12-62-501. Legislative findings

(a) The General Assembly recognizes that: (1) Modern warfare and the corresponding advancements in weapons require a higher level of intelligence and skill and, therefore, a better educated soldier. Minimum enlistment criteria are increasing with the passage of time and the advent of new technology; (2) While enlistment incentives have remained the same for Reserve […]

§ 12-62-712. Statutes of limitations affected by military service

The period of military service is not included in computing any period limited by law, rule, or order for bringing an action or proceeding in any court, board, bureau, commission, department, or other agency of government by or against any person in military service or by or against his or her heirs, executors, administrators, or […]

§ 12-62-502. Definitions

As used in this subchapter: (1) “Approved institution” means an Arkansas public or private postsecondary institution that is accredited or has achieved candidacy status from the Higher Learning Commission or is a technical institute or comprehensive lifelong learning center under the supervision of the Division of Higher Education; (2) “Eligible member” means both nonprior service […]

§ 12-62-713. Maximum rate of interest for state active military service

(a) An obligation or liability bearing interest at a rate in excess of six percent (6%) per year incurred by a service member in military service before his or her entry into state active military service may not bear interest at a rate in excess of six percent (6%) per year during any part of […]

§ 12-62-503. Arkansas National Guard Student Loan Repayment Program

(a) There is established the Arkansas National Guard Student Loan Repayment Program, which shall provide for the repayment of loans secured by qualified applicants who are eligible members of the Arkansas National Guard in amounts of up to one thousand dollars ($1,000) in principal per annum or five hundred dollars ($500) per semester, plus all […]

§ 12-62-504. Application process

(a) (1) Qualified applicants for the Arkansas National Guard Student Loan Repayment Program may apply by obtaining an application form from, and signed by, his or her unit commander. (2) The application shall include as an attachment a certification by an appropriate officer of the approved institution verifying that the applicant has been accepted or […]