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23-88-501. Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-88-501. Definitions.
As used in this subchapter:
(1) “Customer” means a person who purchases portable electronics or services;
(2) “Enrolled customer” means a customer who elects to have coverage under a portable electronics insurance policy issued by a vendor;
(3) “Location” means, as directed to residents of the State of Arkansas:
(A) A physical location in this state;
(B) A website; or
(C) A call center site or similar location;
(4) “Portable electronics” means electronic devices that are portable in nature, including the accessories and services related to the use of the electronic device;
(5)(A) “Portable electronics insurance” means insurance for the repair or replacement of portable electronics that includes the following causes of loss:
(i) Loss;
(ii) Theft; and
(iii) Inoperability due to mechanical failure, malfunction, damage, or other similar causes of loss.
(B) “Portable electronics insurance” does not include a service contract governed by the Service Contracts Act, § 4-114-101 et seq.;
(6) “Portable electronics transaction” means:
(A) The sale or lease to a customer of portable electronics by a vendor; or
(B) The sale of a service related to the use of portable electronics to a customer by a vendor;
(7) “Supervising entity” means a business entity that is an insurer or insurance producer licensed under the insurance laws of this state; and
(8) “Vendor” means a person that engages in the business of portable electronics transactions.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-88-501
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-88-501
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 37a2317937e22a3f7aca1efe76ae11ebd2c2446ac0c27c6e76a72858e811ec43
Source location: content.xml paragraph 53417
Stored source content
23-88-501. Definitions.
As used in this subchapter:
(1) “Customer” means a person who purchases portable electronics or services;
(2) “Enrolled customer” means a customer who elects to have coverage under a portable electronics insurance policy issued by a vendor;
(3) “Location” means, as directed to residents of the State of Arkansas:
(A) A physical location in this state;
(B) A website; or
(C) A call center site or similar location;
(4) “Portable electronics” means electronic devices that are portable in nature, including the accessories and services related to the use of the electronic device;
(5)(A) “Portable electronics insurance” means insurance for the repair or replacement of portable electronics that includes the following causes of loss:
(i) Loss;
(ii) Theft; and
(iii) Inoperability due to mechanical failure, malfunction, damage, or other similar causes of loss.
(B) “Portable electronics insurance” does not include a service contract governed by the Service Contracts Act, § 4-114-101 et seq.;
(6) “Portable electronics transaction” means:
(A) The sale or lease to a customer of portable electronics by a vendor; or
(B) The sale of a service related to the use of portable electronics to a customer by a vendor;
(7) “Supervising entity” means a business entity that is an insurer or insurance producer licensed under the insurance laws of this state; and
(8) “Vendor” means a person that engages in the business of portable electronics transactions.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
4-114-101. Title.
This chapter shall be known and may be cited as the “Service Contracts Act”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-114-101
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 4-114-101. This identifies an authority to review, not proof of applicability.