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4-59-502. Remission to acquirer of record of sale not made by remitter.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-59-502. Remission to acquirer of record of sale not made by remitter.
(a) A person authorized by an acquirer to furnish money, goods, services, or anything else of value upon presentation of a financial transaction card or a financial transaction card account number by a cardholder, or any agent or employee of such person, who, with intent to defraud the issuer, acquirer, or cardholder, remits to an issuer or acquirer, for payment, a financial transaction card record of a sale, which sale was not made by such person, his or her agent or employee, is guilty of financial transaction card fraud.
(b) Any person violating this section is guilty of a Class C felony.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-59-502
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:4-59-502
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 54a8dbfc0770e69c5febd54740703ad7795e99639054f7e872cc1d1426fc2c5e
Source location: content.xml paragraph 30405
Stored source content
4-59-502. Remission to acquirer of record of sale not made by remitter.
(a) A person authorized by an acquirer to furnish money, goods, services, or anything else of value upon presentation of a financial transaction card or a financial transaction card account number by a cardholder, or any agent or employee of such person, who, with intent to defraud the issuer, acquirer, or cardholder, remits to an issuer or acquirer, for payment, a financial transaction card record of a sale, which sale was not made by such person, his or her agent or employee, is guilty of financial transaction card fraud.
(b) Any person violating this section is guilty of a Class C felony.
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