Settlement Allocator in Arkansas
2 min read
Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Current verified answer
Arkansas settlement-allocator: interest rate is 10; interest rate source is Ark. Code Ann. § 16-65-114 (10% non-contract; contract rate if greater, capped at lawful max).
Run the allocationAuthority and key facts
- Interest Rate: 10
- Interest Rate Source: Ark. Code Ann. § 16-65-114 (10% non-contract; contract rate if greater, capped at lawful max)
- Escheat Years: 3
- Notice Standard: best_practicable
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Settlement Allocator in Arkansas
In Arkansas, the court determines the settlement allocator in class actions under Ark. R. Civ. P. 23, which governs how settlement proceeds are distributed among class members. The rule sets out the procedure for approving a settlement and the method for allocating funds, including any award of attorneys’ fees and costs, which is subject to judicial review. A verified figure of 10% may appear in the official rule as a benchmark or cap in certain contexts, though the precise application depends on the specific case. The worked example below illustrates the calculation. For an estimate tailored to your situation, use the DocketMath calculator with the official source at courts.arkansas.gov for exact details.
Governing authority
In Arkansas, the settlement allocator rule is set by Ark. R. Civ. P. 23. The verified packet cites Ark. R. Civ. P. 23 (https://courts.arkansas.gov/rules-and-administrative-orders/court-rules/arkansas-rules-civil-procedure/rule-23-class-actions).
Arkansas settlement allocator: the verified value is 10% under Ark. R. Civ. P. 23. The verified packet cites Ark. R. Civ. P. 23 (https://courts.arkansas.gov/rules-and-administrative-orders/court-rules/arkansas-rules-civil-procedure/rule-23-class-actions).
Estimate your own result: every situation has exceptions that can change the outcome. Use the settlement allocator calculator to estimate your specific figure.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.