Ark. Code § 20-3-112

Current with legislation from 2024 Fiscal and Special Sessions.

Section 20-3-112 - Limitation on liability

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.

Ark. Code § 20-3-112

Added by Act 2015, No. 1238,§ 1, eff. 7/22/2015.