The bill amends Arkansas Code 17-25-103(d) regarding the enforcement of contract provisions for contractors who are in violation of the law. It introduces a new provision that allows contractors, who have violated the chapter, to bring an action for unjust enrichment or quantum meruit under specific conditions. These conditions require the contractor to timely pay any fines assessed by the board and to properly apply for a contractor's license issued under the chapter.

Previously, the law prohibited any actions at law or in equity to enforce contract provisions or for quantum meruit by contractors in violation of the chapter. The amendments replace this blanket prohibition with a conditional allowance for certain legal actions, thereby providing a pathway for contractors to seek compensation under specific circumstances while ensuring compliance with regulatory requirements.

Statutes affected:
Old version SB364 V2 - 3-18-2025 02:07 PM: 17-25-103(d)
Old version SB364 Original - 3-4-2025 09:31 AM: 17-25-103(d)
SB 364: 17-25-103(d)
Act 750: 17-25-103(d)