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5-63-305. Debt adjusting law — Exclusions.

Arkansas Code — all titles (historical 2020) · legal_authorities

5-63-305. Debt adjusting law — Exclusions.

5-63-305. Debt adjusting law — Exclusions. The following persons are not considered a debt adjuster for the purposes of this subchapter: (1) An attorney at law; (2) A bank, fiduciary, or financing and lending institution as authorized and admitted to transact business in this state and performing credit and financial adjusting services in the regular course of its principal business; (3) A title insurer or abstract company, while doing an escrow business; (4) An employer, for its employees; (5) A judicial officer or another person acting pursuant to court order; (6) A nonprofit organization giving debt management service without fee or charge or with a fee if the fee is in an amount not to exceed the amount of actual expenses incurred in offering the debt management service; and (7) An association, for its members.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 5-63-305

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:5-63-305
Source file: gov.ar.code.title.05.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5d9d02c78d4f2d741fe84790db6936d119e6a3b1472038e2b77ddf8c3a4d9485

Source location: content.xml paragraph 22329

Stored source content

5-63-305. Debt adjusting law — Exclusions. The following persons are not considered a debt adjuster for the purposes of this subchapter: (1) An attorney at law; (2) A bank, fiduciary, or financing and lending institution as authorized and admitted to transact business in this state and performing credit and financial adjusting services in the regular course of its principal business; (3) A title insurer or abstract company, while doing an escrow business; (4) An employer, for its employees; (5) A judicial officer or another person acting pursuant to court order; (6) A nonprofit organization giving debt management service without fee or charge or with a fee if the fee is in an amount not to exceed the amount of actual expenses incurred in offering the debt management service; and (7) An association, for its members.

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