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The 1989 Interest Rate Control Amendment, Proposed Amendment 2 (1990)

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Proposed Amendment 2, also known as 1989 Interest Rate Control Amendment, was a legislatively-referred constitutional amendment which was on the 1990 statewide ballot in Arkansas where it was defeated.

Election results

Term Limits Initiative
Defeatedd No416,30266.11%
Yes 213,368 33.89%

Election results via: Arkansas Secretary of State.

Text of measure

The text of the ballot read:


(Referred to the People by the General Assembly)
(Popular Name)
Arkansas Compensation Commission
(Ballot Title)
An amendment to Section 13 of Article XIX of the Constitution of the State of Arkansas to control interest rates and set the penalty for violations thereof, providing for a proposed constitutional amendment to establish a maximum lawful rate of interest in this state.[1][2]

See also

Suggest a link

External links


  1. REFERENDA AND PRIMARY ELECTION MATERIALS [Computer file]. ICPSR ed. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [producer and distributor], 1995. doi:10.3886/ICPSR00006.v1
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.