Arkansas § 6-81-1411 - Repayment — Interest.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-81-1411 — Repayment — Interest., with citation guidance and answers to common questions.
§ 6-81-1411. Repayment — Interest.
A recipient of a loan under this subchapter shall repay each loan together with interest at the maximum rate allowed by Arkansas law if the recipient: Ceases to be enrolled in good standing in a recognized school of nursing before completing the education requirements to qualify as a registered nurse, licensed practical nurse, or nursing educator; For the period specified by rule of the Arkansas State Board of Nursing upon completion of the education requirements to qualify as a registered nurse, licensed practical nurse, or nursing educator does not: Teach in a nursing education program in the State of Arkansas; or Engage in practice as a registered nurse or licensed practical nurse in the State of Arkansas; or Fails to comply with any other requirement of this subchapter. Interest shall accrue from the date each payment of funds was received by the recipient. No interest shall accrue and no obligation to repay a loan exists during any period of time that the recipient of the loan serves on active duty in the United States Armed Forces or state active duty in the Arkansas National Guard. If repayment of a loan is required, upon the death of the recipient of the loan all unpaid principal and interest is due and payable. The failure to repay a loan as specified in this section may be considered unprofessional conduct for disciplinary purposes.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-81-1411
What does Arkansas Code of 1987 Annotated § 6-81-1411 cover?
Section 6-81-1411 ("Repayment — Interest.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 6-81-1411?
A common citation format is "Arkansas Code of 1987 Annotated § 6-81-1411" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 6-81-1411 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.