(a) As used in this section:
(1) "Prepaid account" means an account:
(A) Established by a remitter with the Secretary of State by depositing at least one hundred dollars ($100);
(B) That may be used by the Secretary of State to obtain payment from a remitter for the payment of fees required by this subtitle; and
(C) That may be replenished by the remitter; and
(2) "Remitter" means a person that tenders payment of a filing fee or other charge or fee required by this subtitle.
(b) Filing fees, fees for public records services, and any other fees authorized by the Uniform Commercial Code, § 4-1-101 et seq., may be paid by:
(1) Cash;
(2) Checks made payable to the filing office;
(3) Credit cards; or
(4) A prepaid account under subsection (c) of this section.
(c)
(1) Upon application to the Secretary of State, the Secretary of State may permit a remitter to establish a prepaid account for the payment of fees required by this subtitle.
(2) The Secretary of State may deduct the amount of fees from a prepaid account to pay the fees required by this subtitle.
(3) The Secretary of State shall send a monthly statement of the deductions from and deposits into the account to a remitter that makes payment through a prepaid account.
(4) If requested to do so by the remitter, the Secretary of State may return to the remitter any portion of the unused funds from the prepaid account of the remitter.
(d) The Secretary of State is not required to accept payment from a prepaid account if the prepaid account does not have sufficient funds to pay all charges due.
(e) The Secretary of State may permit online filings and searches to be billed through a third-party provider that contracts with the State of Arkansas or Secretary of State to provide these services.
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