Arkansas § 5-63-305 Debt adjusting law - Exclusions

Arkansas Statutes

§ 5-63-305 — Debt adjusting law - Exclusions

Arkansas § 5-63-305

Title5

This text of Arkansas § 5-63-305 (Debt adjusting law - Exclusions) 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. § 5-63-305 (2026).

Text

The following persons are not considered a debt adjuster for the purposes of this subchapter:

(1)An attorney at law;

(2)A bank, fiduciary, or financing and lending institution as authorized and admitted to transact business in this state and performing credit and financial adjusting services in the regular course of its principal business;

(3)A title insurer or abstract company, while doing an escrow business;

(4)An employer, for its employees;

(5)A judicial officer or another person acting pursuant to court order;

(6)A nonprofit organization giving debt management service without fee or charge or with a fee if the fee is in an amount not to exceed the amount of actual expenses incurred in offering the debt management service; and (7) An association, for its members.

Free access — add to your briefcase to read the full text and ask questions with AI

The following persons are not considered a debt adjuster for the purposes of this subchapter: (1) An attorney at law; (2) A bank, fiduciary, or financing and lending institution as authorized and admitted to transact business in this state and performing credit and financial adjusting services in the regular course of its principal business; (3) A title insurer or abstract company, while doing an escrow business; (4) An employer, for its employees; (5) A judicial officer or another person acting pursuant to court order; (6) A nonprofit organization giving debt management service without fee or charge or with a fee if the fee is in an amount not to exceed the amount of actual expenses incurred in offering the debt management service; and (7) An association, for its members.