Arkansas Account Stated for Construction Work
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How to fill out Account Stated For Construction Work?
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FAQ
If you are working as a subcontractor for a properly licensed contractor, then no, you would not need a license. If you are working for an unlicensed contractor (such as a homeowner acting as his or her own contractor) then yes, you would need a license, if the project is $2,000 or more, labor and material.
(a) It shall be unlawful for any person to drive or operate any vehicle in such a careless manner as to evidence a failure to keep a proper lookout for other traffic, vehicular or otherwise, or in such a manner as to evidence a failure to maintain proper control on the public thoroughfares or private property in the ...
§ 17-15-103 declares it a misdemeanor for any person or entity to engage in the business of contracting unless he or she is licensed or exempt from the licensing requirement of the Arkansas Contractors' Act.
Most construction disputes are governed by contract law. The construction of any structure, residential or commercial, generally involves a detailed written contract. Arkansas has a five year statute of limitation for any cause of action based on a written contract, duty or right.
§ 4-56-104(b), (e). The indemnification shall not exceed any amounts that are greater than that represented by the degree or percentage of negligence or fault attributable to the indemnitors, its agents, representatives, subcontractors, or suppliers. See Ark. Code Ann.