Arkansas Statutes
§ 4-107-305 — Liability
Arkansas·Title 4
(a)A cardholder is personally liable for charges and interest incurred by the named credit card account member, any coapplicant, or any authorized user on the credit card account of the cardholder.
(b)A cardholder is not liable for charges and interest incurred on the credit card account as a result of fraudulent activity by another person.
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Legislative History
Added by Act 2013, No. 1495,§ 2, eff. 8/16/2013.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions