Arkansas Code Title 4, Subtitle 7, Chapter 91 - Credit Services Organizations

  • § 4-91-101 - Title.
    This chapter may be known and cited as the "Credit Services Organizations Act of 1987".
  • § 4-91-102 - Definitions.
    As used in this chapter, unless the context otherwise requires: (1) "Buyer" means any individual who is solicited to purchase or who purchases the...
  • § 4-91-103 - Waiver of Rights.
    (a) Any waiver by a buyer of any part of this chapter is void. Any attempt by a credit services organization to have a...
  • § 4-91-104 - Violations.
    (a) Any person who violates this chapter is guilty of a Class A misdemeanor. Any court of competent jurisdiction in this state may restrain...
  • § 4-91-105 - Damages.
    (a) Any buyer suffering damages as a result of a violation of this chapter by any credit services organization may bring any action for...
  • § 4-91-106 - Prohibited Acts.
    (a) A credit services organization, its salespersons, agents, and representatives, and independent contractors who sell or attempt to sell the services of a credit...
  • § 4-91-107 - Information Statement -- Requirements.
    (a) Before the execution of a contract or agreement between the buyer and a credit services organization or before the receipt by the credit...
  • § 4-91-108 - Information Statement -- Contents.
    The information statement required under ยง 4-91-107 shall include all of the following: (1) (A) A complete and accurate statement of the buyer's right...
  • § 4-91-109 - Contract Requirements -- Notice of Cancellation.
    (a) (1) Each contract between the buyer and a credit services organization for the purchase of the services of the credit services organization shall...

Last modified: November 15, 2016