Ark. Code Ann. § 20-3-112

Limitation on liability

Last amended: 2015Year: 2026Length: 182 words
Neither the Achieving a Better Life Experience Program, the Achieving a Better Life Experience Program Committee and each of its members, nor the state shall: (1) Insure any ABLE account or guarantee any rate of return or any interest rate on any contribution; (2) Be liable for any loss incurred by any person as a result of participating in the program under this chapter; or (3) Be deemed to be a guarantor of a positive return on a contribution under this chapter. Added by Act 2015, No. 1238,§ 1, eff. 7/22/2015. Neither the Achieving a Better Life Experience Program, the Achieving a Better Life Experience Program Committee and each of its members, nor the state shall: (1) Insure any ABLE account or guarantee any rate of return or any interest rate on any contribution; (2) Be liable for any loss incurred by any person as a result of participating in the program under this chapter; or (3) Be deemed to be a guarantor of a positive return on a contribution under this chapter. Added by Act 2015, No. 1238,§ 1, eff. 7/22/2015.
Ark. Code Ann. § 20-3-112: Limitation on liability | Justis AI