Revamped Arkansas Construction Laws Boost Clarity and Confidence for Developers and Lenders
LITTLE ROCK, Ark. — The 95th General Assembly of the Arkansas State Legislature wrapped up its session in May, resulting in the passage of 1,026 new laws. This legislative session proved to be busier than the previous one, presenting a substantial amount of new regulations and changes for various sectors, especially real estate development and construction. In particular, Act 479, which took effect on August 5, introduces significant modifications to the process of establishing priority for mechanic and materialman liens, referred to as construction liens. This amendment is especially pertinent for stakeholders within the construction … Read more