Arkansas § 4-115-101 - Credit card processing service — Required disclosures — Prohibitions.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-115-101 — Credit card processing service — Required disclosures — Prohibitions., with citation guidance and answers to common questions.
§ 4-115-101. Credit card processing service — Required disclosures — Prohibitions.
Any person or entity that offers a credit card processing service in this state shall disclose the following information on any contract or agreement to render a credit card processing service: The effective date of the contract; The term of the contract; The amount of any monthly minimum fee or charge for the credit card processing service; and The amount of any fee or charge for terminating the contract or agreement. The disclosures required in subsection (a) of this section and any other terms and conditions pertaining to the use of the credit card processing service shall be printed in 8-point font at a minimum. A person or entity that offers a credit card processing service in this state shall not charge: A fee of more than fifty dollars ($50.00) for terminating a contract for credit card processing service; or A monthly minimum fee under a credit card processing service contract for more than one (1) month after the credit card processing service contract is terminated. Equipment rentals or lease purchase payments charged by a person or entity that offers a credit card processing service shall not be considered to be fees for the purposes of this chapter.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 4-115-101
What does Arkansas Code of 1987 Annotated § 4-115-101 cover?
Section 4-115-101 ("Credit card processing service — Required disclosures — Prohibitions.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-115-101?
A common citation format is "Arkansas Code of 1987 Annotated § 4-115-101" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-115-101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.