Arkansas Debt Management license renewal
Arkansas PROHIBITS Debt Management Companies
Pursuant to Arkansas law, ACA 5-63-301 et seq., Debt management companies are prohibited from operating in Arkansas. Read the statute here.
Renewing your Certificate of Authority
If you want to engage in a business other than a debt management business, then with certain limited exceptions, an Arkansas Certificate of Authority is required to be renewed annually if a company does business in Arkansas regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of Arkansas requires companies not incorporated in Arkansas to obtain before “transacting business” within the state borders of Arkansas .
License Fees
Debt management companies are NOT ALLOWED to operate in Arkansas per statute.
FOR BUSINESSES OTHER THAN DEBT MANAGEMENT COMPANIES:
The filing fee for renewing an Arkansas Certificate of Authority is $150.
Do you want to check on other states’ requirements for obtaining a New Debt Management license? Click here.
Arkansas Debt Management license renewal NOT ALLOWED
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Want to verify if an existing company is licensed in another state as a Debt Management company? Click here.