Arkansas § 4-88-209 Protection of consumers from financial exploitation

Arkansas Statutes

§ 4-88-209 — Protection of consumers from financial exploitation

Arkansas § 4-88-209

Title4

This text of Arkansas § 4-88-209 (Protection of consumers from financial exploitation) 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.

Bluebook

Ark. Code Ann. § 4-88-209 (2026).

Text

(a)If necessary to provide intervention and assistance to consumers, including elder persons or persons with a disability, the Attorney General may petition a court of competent jurisdiction requesting an order delaying or extending a delay of disbursement of funds.

(b)The delay shall expire:

(1)As directed by an order of the court;

(2)When the Attorney General reasonably determines that the financial transaction will not result in financial exploitation; or (3) No more than ten (10) business days after the date on which the petition was filed with the court.

(c)(1) A financial services provider shall, upon request by the Attorney General, provide access to or copies of records that are relevant to suspected financial exploitation or attempted financial exploitation to the Attorney Ge

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(a) If necessary to provide intervention and assistance to consumers, including elder persons or persons with a disability, the Attorney General may petition a court of competent jurisdiction requesting an order delaying or extending a delay of disbursement of funds. (b) The delay shall expire: (1) As directed by an order of the court; (2) When the Attorney General reasonably determines that the financial transaction will not result in financial exploitation; or (3) No more than ten (10) business days after the date on which the petition was filed with the court. (c) (1) A financial services provider shall, upon request by the Attorney General, provide access to or copies of records that are relevant to suspected financial exploitation or attempted financial exploitation to the Attorney General. (2) The records should include historical records as well as records relating to the most recent transactions or transactions that may compromise financial exploitation. (d) The records, materials, data, and information made available by a financial services provider are confidential and shall not be disclosed to any person other than those persons specifically authorized by the Attorney General to receive the information. (e) A financial services provider is immune from any civil or criminal liability that might otherwise result from complying with this section.