The bill amends Arkansas Code 17-25-103(d) to clarify the legal actions that contractors can take when they are in violation of the law. Previously, no actions could be brought at law or in equity to enforce any contract entered into in violation of the chapter, nor could contractors seek quantum meruit. The new language introduces a provision allowing contractors who are in violation to bring an action for unjust enrichment or quantum meruit, provided they meet certain conditions.
Specifically, the contractor must timely pay any fines assessed by the board and properly apply for a contractor's license under the chapter. This amendment aims to provide a pathway for contractors to seek compensation for work performed, even if they are in violation of certain regulations, as long as they comply with the stipulated requirements.
Statutes affected: Old version SB364 Original - 3-4-2025 09:31 AM: 17-25-103(d)
Old version SB364 V2 - 3-18-2025 02:07 PM: 17-25-103(d)
SB 364: 17-25-103(d)