99 chapters · 2,352 sections in this title.
Ark. Code Ann. § 16-131-205 Disbursements under settlement agreements
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(a) Any moneys payable under a settlement agreement entered into under § 16-131-204 shall be paid as follows:(1) If the minor or guardian is represented by an attorney and the settlement is paid in cash, by draft, or by direct deposit into the attorney's trust account that is mai…
Ark. Code Ann. § 16-131-206 Liability — Good faith actions
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(a) If a settlement agreement is entered into in compliance with § 16-131-204, the signature of the guardian:(1) Is binding on the minor without the need for further court approval or review; and(2) Has the same force and effect as if the minor were a competent adult entering int…