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88 chapters · 2,278 sections in this title.
Ark. Code Ann. § 4-116-101 Title and intent
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(a) This chapter shall be known and referred to as the “Refund Anticipation Loan Act”. (b) It is the intent of the General Assembly that this chapter shall protect consumers who enter into a refund anticipation loan and a refund anticipation check transaction.
Ark. Code Ann. § 4-116-102 Definitions
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(1) “Consumer” means a person who, individually or in conjunction with another consumer, is solicited for, applies for, or receives a refund anticipation loan or refund anticipation check; (2) “Creditor” means a person who makes a refund anticipation loan or who takes an assignme…
Ark. Code Ann. § 4-116-103 Scope
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(1) Unless a facilitator has complied with the provisions of this chapter, a facilitator, including any officer, agent, employee or representative, individually or in conjunction or cooperation with another person, shall not:(1) Solicit the execution of, process, receive, or acce…
Ark. Code Ann. § 4-116-104 Posting of fee schedules and disclosures
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(a) A facilitator shall display a schedule showing the current fees for refund anticipation loans or refund anticipation checks facilitated at the office. (b) A facilitator also shall prominently display on each fee schedule the following information:(1) Examples of the interest …