1. Home
  2. Browse Decisions
  3. S.W.3d
  4. 241 S.W.3d
  5. 241 S.W.3d 257 (2006)
 

PAKAY v. DAVIS

No. 06-360.

241 S.W.3d 257 (2006)

Barbara Ann PAKAY, Appellant, v. Tabatha DAVIS, Appellee.

Supreme Court of Arkansas.

October 12, 2006.

Attorney(s) appearing for the Case

Peel Law Firm, P.A., by: Jennifer L. Modersohn, Russellville, for appellant.

Van Kleef, Kelley & Collins, by: Roy Beth Kelley, Russellville, for appellee.

TOM GLAZE, Justice.

On April 6, 2005, Appellant Barbara Pakay filed suit against Appellee Tabatha Davis. Barbara alleged that she had entered into a contract for deed with Tabatha, and the 8% interest rate she was charged was usurious under Article 19, Section 13 of the Arkansas Constitution, also known as Amendment 60. Amendment 60 established that Arkansas' maximum lawful rate of interest on any contract shall not exceed five percent (5%) per annum above the Federal...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases