GroundRules
← Search the law
Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Ark. Code Ann. § 4-107-306: Amount owed

Read at publisher ↗
Where this section sits in the code
  1. AR Code
  2. Title 4
  3. Chapter 107
  4. Subchapter 3

(a) A creditor may establish a presumption of correctness of its ownership of the credit card account and the amount of the charges and interest that is owed on a credit card account by: (1) Filing a copy of the credit card issuer's final billing statement or charge-off statement; or (2) Filing a compilation of the data maintained by the original creditor, credit card issuer, or succeeding creditor in the regular course of business. (b) The cardholder may dispute the presumption with any credible evidence as allowed by state or federal law. Added by Act 2013, No. 1495,§ 2, eff. 8/16/2013.

(a) A creditor may establish a presumption of correctness of its ownership of the credit card account and the amount of the charges and interest that is owed on a credit card account by: (1) Filing a copy of the credit card issuer's final billing statement or charge-off statement; or (2) Filing a compilation of the data maintained by the original creditor, credit card issuer, or succeeding creditor in the regular course of business.

(1) Filing a copy of the credit card issuer's final billing statement or charge-off statement; or

(2) Filing a compilation of the data maintained by the original creditor, credit card issuer, or succeeding creditor in the regular course of business.

(b) The cardholder may dispute the presumption with any credible evidence as allowed by state or federal law.

Collected 2026-09-17T21:35:43Z. Source file · JSON

Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License

Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source

Browse this collection