(a) If compliance with the terms of a contract is stayed under this subchapter, a fine or penalty may not accrue by reason of failure to comply during the period of the stay.
(b) If a service member has not obtained a stay and a fine or penalty is imposed for nonperformance of an obligation, a court may relieve enforcement if the service member was in military service when the penalty was incurred and his or her ability to pay or perform was materially impaired.
Structure Arkansas Code
Title 12 - Law Enforcement, Emergency Management, and Military Affairs
Chapter 62 - Military Personnel
Subchapter 7 - Arkansas Soldiers' and Airmen's Civil Relief Act
§ 12-62-705. Residential leases
§ 12-62-706. Reopening default judgments
§ 12-62-707. Stay of proceedings
§ 12-62-708. Fines and penalties on contracts
§ 12-62-709. Exercise of rights not to affect future financial transactions
§ 12-62-710. Stay of execution of judgment
§ 12-62-712. Statutes of limitations affected by military service
§ 12-62-713. Maximum rate of interest for state active military service
§ 12-62-714. Eviction or distress of dependents of state active military service members
§ 12-62-715. Installment contracts
§ 12-62-716. Mortgage foreclosures