§ 4-88-102 — Definitions

Arkansas § 4-88-102

• Jurisdiction: Arkansas
• Title: 4

Text

As used in this subchapter: (1) "Actual financial loss" means an ascertainable amount of money that is equal to the difference between the amount paid by a person for goods or services and the actual market value of the goods or services provided to a person; (2) "Caller identification service" means a service offered by a telecommunications provider that provides caller identification information to a device capable of displaying the information; (3) "Charitable organization" means any benevolent, philanthropic, patriotic, civic, or eleemosynary person; (4) "Contribution" means the promise or grant of any money or property of any kind or value; (5) "Goods" means any tangible property, coupons, or certificates, whether bought or leased; (6) "Person" means an individual, organization, group, association, partnership, corporation, or any combination of them; (7) "Promotion" means, for each charitable organization represented, each and every fundraising drive or campaign for which contributions are solicited. Similar or identical promotions on behalf of different charitable organizations constitute separate and distinct promotions; (8) "Services" means work, labor, or other things purchased that do not have physical characteristics; and (9) "Solicitation" means each request for a contribution.

Legislative History

Amended by Act 2017, No. 986,§ 2, eff. 8/1/2017. Acts 1991, No. 1177, § 3; 1993, No. 587, § 1; 2003, No. 1465, § 1.