{"data":{"id":"us-ar/ark.-code-ann.-4-107-306","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-107-306","heading":"Amount owed","body":"(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.\n\n(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.\n\n(1) Filing a copy of the credit card issuer's final billing statement or charge-off statement; or\n\n(2) Filing a compilation of the data maintained by the original creditor, credit card issuer, or succeeding creditor in the regular course of business.\n\n(b) The cardholder may dispute the presumption with any credible evidence as allowed by state or federal law.","path":["AR Code","Title 4","Chapter 107","Subchapter 3"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"052a83eb6fceb29c24cf263a063d3c6e1cc3da00f7a69de26032aabd0cf34eee","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-107-305","next":"us-ar/ark.-code-ann.-4-107-307"},"notice":"GroundRules: Original legal text. Not legal advice."}