Ark.]
State v. R&A Investment Co.
Cite as 336 Ark. 289 (1999)
Cite as 336 Ark. 289 (1999)
289
STATE of Arkansas ex rel. Winston Bryant, Attorney General v. R&A INVESTMENT CO., Inc., d/b/a Mid South Title Loans; Reican, Inc., d/b/a Mid South Title Loans; and Reid & Reid, Inc., d/b/a Mid South Title Loans
98-198
985 S.W.2d 299
Supreme Court of Arkansas
Opinion delivered February 4, 1999
- JUDGMENT – SUMMARY JUDGMENT – WHEN APPROPRIATE. – Summary judgment is appropriate when there are no genuine issues of material fact to be litigated, and the moving party is entitled to judgment as a matter of law; in making this determination, the court views the evidence in the light most favorable to the parties resisting the motion and resolves all doubts and inferences in their favor.
- USURY – CONSTITUTIONAL PROVISIONS – GENERAL ASSEMBLY'S AUTHORITY. – Article 19, section 13, of the Arkansas Constitution expressly authorizes the General Assembly to enact legislation to punish parties who knowingly violate the constitutional usury provisions; the plain language of subsection (b) mandates that the General Assembly prohibit usurious contracts.
- USURY – ATTORNEY GENERAL'S STANDING – STATE DID NOT BRING PERSONAL USURY CLAIM. – The supreme court distin-