Any person who, without the acquirer's express authorization, employs or solicits an authorized merchant, or any agent or employee of such merchant, to remit to an issuer or acquirer, for payment, a financial transaction card record of sale, which sale was not made by such merchant, his or her agent, or employee, is guilty of a Class C felony.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 5 - Contracts, Notes, and Other Commercial Instruments
Subchapter 5 - Factoring of Financial Transaction Card Records of Sale
§ 4-59-502. Remission to acquirer of record of sale not made by remitter
§ 4-59-503. Solicitation of merchant to remit record of sale not made by merchant