Arkansas Statutes

§ 4-59-502 — Remission to acquirer of record of sale not made by remitter

Arkansas·Title 4
(a)A person authorized by an acquirer to furnish money, goods, services, or anything else of value upon presentation of a financial transaction card or a financial transaction card account number by a cardholder, or any agent or employee of such person, who, with intent to defraud the issuer, acquirer, or cardholder, remits to an issuer or acquirer, for payment, a financial transaction card record of a sale, which sale was not made by such person, his or her agent or employee, is guilty of financial transaction card fraud.
(b)Any person violating this section is guilty of a Class C felony.

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Legislative History

Acts 1991, No. 785, § 2.

Nearby Sections

15
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