Arkansas Code Title 23, Subtitle 2, Chapter 53 - Arkansas Home Loan Protection Act

• § 23-53-101 - Title.
  This chapter shall be known as the "Arkansas Home Loan Protection Act".
• § 23-53-102 - Legislative Intent.
  (a) The General Assembly finds that: (1) Abusive mortgage lending has become an increasing problem in this state, exacerbating the loss of equity in...
• § 23-53-103 - Definitions.
  As used in this chapter: (1) "Affiliate" means any company that controls, is controlled by, or is under common control with another company, as...
• § 23-53-104 - Prohibited Acts and Practices Regarding High-Cost Home Loans.
  (a) Insurance and Debt Cancellation Agreements. No creditor making a high-cost home loan shall finance, directly or indirectly, any credit life, credit disability, credit...
• § 23-53-105 - Preservation and Enforcement of Claims and Defenses -- No Subterfuge.
  (a) Liability of Assignees and Other Holders in High-Cost Home Loans. (1) Notwithstanding any provision of any other law, the remedies provided in this...
• § 23-53-106 - Enforcement.
  (a) (1) Any violation of this chapter constitutes an unconscionable or deceptive act or practice as defined under § 4-88-101 et seq. (2) (A)...

Last modified: November 15, 2016