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88 chapters · 2,278 sections in this title.
Ark. Code Ann. § 4-114-101 Title
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This chapter shall be known and may be cited as the “Service Contracts Act”.
Ark. Code Ann. § 4-114-102 Scope and purpose
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(a) The purpose of this chapter is to:(1) Create a legal framework within which service contracts are defined, may be sold, and are regulated in this state;(2) Add significant consumer protections; and(3) Eliminate unnecessary administration. (1) Create a legal framework within w…
Ark. Code Ann. § 4-114-103 Definitions
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(1) As used in this chapter:(1) “Administrator” means the person who is responsible for the administration of a service contract;(2) “Consumer” means an individual who buys other than for purposes of resale any tangible personal property that is distributed in commerce and that i…
Ark. Code Ann. § 4-114-104 Requirements for doing business
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(a) A provider may appoint an administrator or other designee to be responsible for all or part of the administration of service contracts and compliance with this chapter. (b) Service contracts shall not be issued, sold, or offered for sale in this state unless the provider or i…