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4-90-506. Required service contract and warranty disclosures.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-90-506. Required service contract and warranty disclosures.
A motor vehicle service contract or theft protection program warranty issued or sold for delivery in this state shall contain the following disclosures, as applicable, in a conspicuous and readable manner:
(1) The name and address of the:
(A) Motor vehicle service contract provider and the service contract holder; or
(B) Warrantor and the warranty holder;
(2) The total retail price of the motor vehicle service contract or theft protection program;
(3) The procedure for making a claim under the motor vehicle service contract or theft protection program warranty, including the name, address, and telephone number of any person from whom approval is required before covered repairs may be commenced;
(4) The existence and amount of a deductible, if any;
(5) For motor vehicle service contracts, the motor vehicle parts and components covered under the motor vehicle service contract, and any limitations, exceptions, or exclusions;
(6) The terms, conditions, and restrictions governing transferability of the motor vehicle service contract or theft protection program warranty, if any;
(7) For motor vehicle service contracts, the provisions governing termination and refunds under § 4-90-507; and
(8) A statement that purchase of the motor vehicle service contract or theft protection program is not required in order to purchase or obtain financing for a motor vehicle.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-90-506
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:4-90-506
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 8aa5c7e376f4973dce09e482e3551e04f0aad00c984c340a6987865b6f68c1d0
Source location: content.xml paragraph 35716
Stored source content
4-90-506. Required service contract and warranty disclosures.
A motor vehicle service contract or theft protection program warranty issued or sold for delivery in this state shall contain the following disclosures, as applicable, in a conspicuous and readable manner:
(1) The name and address of the:
(A) Motor vehicle service contract provider and the service contract holder; or
(B) Warrantor and the warranty holder;
(2) The total retail price of the motor vehicle service contract or theft protection program;
(3) The procedure for making a claim under the motor vehicle service contract or theft protection program warranty, including the name, address, and telephone number of any person from whom approval is required before covered repairs may be commenced;
(4) The existence and amount of a deductible, if any;
(5) For motor vehicle service contracts, the motor vehicle parts and components covered under the motor vehicle service contract, and any limitations, exceptions, or exclusions;
(6) The terms, conditions, and restrictions governing transferability of the motor vehicle service contract or theft protection program warranty, if any;
(7) For motor vehicle service contracts, the provisions governing termination and refunds under § 4-90-507; and
(8) A statement that purchase of the motor vehicle service contract or theft protection program is not required in order to purchase or obtain financing for a motor vehicle.
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Arkansas Code — all titles (historical 2020) · legal_authorities
4-90-507. Termination and refunds.
No motor vehicle service contract may be issued, sold, or offered for sale or delivery in this state unless the service contract conspicuously states that the holder is allowed to cancel the service contract:
(1) Within thirty (30) days of its purchase, if no claim has been made, and receive a full refund of the service contract retail price, less any cancellation fee stated in the service contract not exceeding fifty dollars ($50.00); or
(2) At any other time, and receive a pro rata refund of the service contract retail price for the unexpired term of the service contract based on the number of elapsed months or miles, less any cancellation fee stated in the service contract not exceeding fifty dollars ($50.00).
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-90-507
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 4-90-507. This identifies an authority to review, not proof of applicability.