# Ark. Code Ann. § 17-24-101: Definition

> Arkansas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AR_T17_C24_S1_S17-24-101

## Section

- **Citation:** Ark. Code Ann. § 17-24-101
- **Heading:** Definition
- **Jurisdiction:** Arkansas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AR Code / Title 17 / Chapter 24 / Subchapter 1 / Section 17-24-101

## Text

As used in this chapter, unless the context otherwise requires, "collection agency" means any person, partnership, corporation, association, limited liability corporation, or firm that: (1) Engages in the collection of delinquent accounts, bills, or other forms of indebtedness owed or due or asserted to be owed or due to another; (2) Uses a fictitious name or any name other than its own to collect its own accounts receivable; (3) Solicits claims for collection; or (4) Purchases and attempts to collect delinquent accounts or bills. Amended by Act 2023, No. 360,§ 1, eff. 8/1/2023. Acts 1965, No. 145, § 2; A.S.A. 1947, § 71-2002; Acts 2009, No. 1455, § 2.

As used in this chapter, unless the context otherwise requires, "collection agency" means any person, partnership, corporation, association, limited liability corporation, or firm that:

(1) Engages in the collection of delinquent accounts, bills, or other forms of indebtedness owed or due or asserted to be owed or due to another;

(2) Uses a fictitious name or any name other than its own to collect its own accounts receivable;

(3) Solicits claims for collection; or

(4) Purchases and attempts to collect delinquent accounts or bills.

Amended by Act 2023, No. 360,§ 1, eff. 8/1/2023.

Acts 1965, No. 145, § 2; A.S.A. 1947, § 71-2002; Acts 2009, No. 1455, § 2.

## Nearby sections

- [Ark. Code Ann. § 17-24-101 Definition](https://www.frixlaw.com/law-library/statutes/STATE_AR_T17_C24_S1_S17-24-101.md)
- [Ark. Code Ann. § 17-24-102 Exemptions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T17_C24_S1_S17-24-102.md)
- [Ark. Code Ann. § 17-24-103 Penalties - Definition](https://www.frixlaw.com/law-library/statutes/STATE_AR_T17_C24_S1_S17-24-103.md)
- [Ark. Code Ann. § 17-24-104 Sanctions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T17_C24_S1_S17-24-104.md)
- [Ark. Code Ann. § 17-24-105 Remedies](https://www.frixlaw.com/law-library/statutes/STATE_AR_T17_C24_S1_S17-24-105.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AR_T17_C24_S1_S17-24-101. Check the current official text before relying on it. Not legal advice.