Arkansas § 17-24-101 Definition

Arkansas Statutes

§ 17-24-101 — Definition

As used in this chapter, unless the context otherwise requires, "collection agency" means any person, partnership, corporation, association, limited liability corporation, or firm that:

(1)Engages in the collection of delinquent accounts, bills, or other forms of indebtedness owed or due or asserted to be owed or due to another;

(2)Uses a fictitious name or any name other than its own to collect its own accounts receivable;

(3)Solicits claims for collection; or (4) Purchases and attempts to collect delinquent accounts or bills.

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As used in this chapter, unless the context otherwise requires, "collection agency" means any person, partnership, corporation, association, limited liability corporation, or firm that: (1) Engages in the collection of delinquent accounts, bills, or other forms of indebtedness owed or due or asserted to be owed or due to another; (2) Uses a fictitious name or any name other than its own to collect its own accounts receivable; (3) Solicits claims for collection; or (4) Purchases and attempts to collect delinquent accounts or bills.

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