(a) Railroad companies having roads not exceeding fifty (50) miles in length may charge for loading, carrying, and unloading freights at a rate of not more than forty cents (40¢) per one hundred pounds (100 lbs.) for any distance.
(b)
(1) The rates charged by any company may be reduced by the Arkansas Department of Transportation whenever it appears that the net annual profits of the company exceed ten percent (10%) of the amount of capital actually invested.
(2) However, the rates shall not be reduced so as to reduce the net annual profits of such a company below ten percent (10%) of the amount of its capital actually invested.
(c)
(1) If any railroad company shall charge more than the rates named in this section, the person paying the charges may recover from that railroad company five (5) times the sum so charged, together with the costs of the action, by action before a justice of the peace or other court having jurisdiction.
(2) Service of summons in such an action may be made by delivering a copy of the summons to any agent of the company.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 4 - Regulation of Rates and Charges Generally
Subchapter 6 - Railroads and Other Carriers Generally
§ 23-4-603. Railroads — Charges to be reasonable and just
§ 23-4-604. Railroads and express companies — Schedule of rates
§ 23-4-605. Railroads and express companies — Overcharging prohibited
§ 23-4-606. Continuous railroad lines
§ 23-4-607. Connecting railroad lines — Division of charges
§ 23-4-608. Penalties for violations of §§ 23-4-606 and 23-4-607 — Actions to recover penalties
§ 23-4-609. Connecting railroad lines under one management
§ 23-4-610. Railroads — Through-freight rates and regulations
§ 23-4-611. Railroads — Short lines
§ 23-4-612. Railroads — Switching charges on coal cars
§ 23-4-613. Railroads — Bills of lading
§ 23-4-614. Railroads — Freight rates on crushed stone, sand, and gravel
§ 23-4-615. Railroads — Sleeping car tariffs
§ 23-4-616. Railroads — Additional charge for stopping at other than regular station
§ 23-4-617. Railroads — Passengers without tickets
§ 23-4-618. Railroads — Ejection of passengers upon failure to pay fare
§ 23-4-619. Railroads — Rate reductions
§ 23-4-620. Notice of rate changes
§ 23-4-621. Rate changes to be reflected in schedules
§ 23-4-622. Investigation of rate changes
§ 23-4-623. Suspension of proposed rates
§ 23-4-624. Interim implementation of suspended rates
§ 23-4-625. Rate increase not effective until final order
§ 23-4-626. Authority of department to fix rates — Apportionment of increase
§ 23-4-628. Issuance of commission's order — Rates to be collected
§ 23-4-629. Surcharge to collect rates increased by courts
§ 23-4-630. Refunds of excessive rate collections under bond
§ 23-4-631. Refunds of excessive bonded collections — Order not stayed during rehearing
§ 23-4-632. Surcharge to collect excessive refunds
§ 23-4-633. Petition for mandamus
§ 23-4-634. Suit to compel refunds — Proceeds