This text of Arkansas § 4-102-106 (Disclosures required) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
(a)No sponsor shall offer a prize nor shall a sponsor use any solicitation, whether written or oral, and however communicated, that offers a prize, unless the person to whom such offer is made has first received a written prize notice containing the information required in subsections (b) and (c) of this section.
(b)A written prize notice must contain each of the following:
(1)The true name or names of the sponsor and the address of the sponsor's actual principal place of business;
(2)The retail value of each prize the person receiving the notice has been selected to receive or may be eligible to receive;
(3)A statement of the person's odds of receiving each prize identified in the notice;
(4)Any requirement that the person pay shipping or handling fees or any other charges in order
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(a) No sponsor shall offer a prize nor shall a sponsor use any solicitation, whether written or oral, and however communicated, that offers a prize, unless the person to whom such offer is made has first received a written prize notice containing the information required in subsections (b) and (c) of this section. (b) A written prize notice must contain each of the following: (1) The true name or names of the sponsor and the address of the sponsor's actual principal place of business; (2) The retail value of each prize the person receiving the notice has been selected to receive or may be eligible to receive; (3) A statement of the person's odds of receiving each prize identified in the notice; (4) Any requirement that the person pay shipping or handling fees or any other charges in order to obtain or use a prize, or any fees required to obtain information about a prize, including the nature and amount of such charges; (5) If the receipt of the prize is subject to a restriction, a statement that a restriction applies, and a description of the restrictions; (6) Any limitations on eligibility for the prize; and (7) If a sponsor represents that the person is a "winner", is a "finalist", has been "specially selected", is in "first place", or is otherwise among a limited group of persons with an enhanced likelihood of receiving a prize, the written prize notice must contain a statement of the maximum number of persons in the group or purported group with this enhanced likelihood of receiving a prize. (c) The information required by subsection (b) of this section must be presented in the following form: (1) The retail value and statement of odds required under subdivisions (b)(2) and (3) of this section must be stated in immediate proximity to each identification of a prize on the written notice, and must be in the same size and boldness of type as the reference to the prize; (2) The statement of odds must include, for each prize, the total number of prizes to be given away and the total number of written prizes to be distributed; (3) The number of prizes and written prize notices must be stated in arabic numerals; (4) The statement of odds must be in the following form: "............... (number of prizes) out of ............... (notices distributed)"; (5) If a person is required to pay shipping or handling fees or any other charges in order to obtain a prize, to be eligible to obtain a prize, to obtain information about a prize, or to otherwise participate in the contest, the following statement must appear in immediate proximity to each listing of the prize in the written prize notice, in not less than 10-point bold face type: "YOU MUST PAY $ ............... TO RECEIVE THIS ITEM" or "YOU MUST PAY $ ............... TO COMPETE FOR THIS ITEM" or "YOU MUST PAY $ ............... TO OBTAIN INFORMATION ABOUT THIS ITEM", whichever is applicable; and (6) A statement required under subdivision (b)(7) of this section must appear in immediate proximity to each representation that the person is among a group of persons with an enhanced likelihood of receiving a prize and must be in the same size and boldness of type as the representation.