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McGHEE v. ARKANSAS STATE BD. OF COLLECTION AGENCIES

No. 04-199.

201 S.W.3d 375 (2005)

Sharon McGHEE, Sidney McGhee, Clarice Davis, Roberto Salas, Charles Stewart, Henry Evans, and Ladonna Payte, individually and on behalf of a class of similarly situated persons, Appellants; v. ARKANSAS STATE BOARD OF COLLECTION AGENCIES and Rusty Guinn, Jerry Markham, Randy Bynum, Opal Lang, and James Mitchell, in their official capacities as Board Members of the Arkansas State Board of Collection Agencies, Appellees.

Supreme Court of Arkansas.

January 20, 2005.

Attorney(s) appearing for the Case

Todd Turner and Dan Turner, Arkadelphia, for appellants.

Mike Beebe, Att'y Gen., by: Arnold M. Jochums, Ass't Att'y Gen., for appellee.

Richard C. Downing, Little Rock, Amicus Curiae.

ANNABELLE CLINTON IMBER, Associate Justice.

This is an action pursuant to Article 16, Section 13, of the Arkansas Constitution to protect the taxpayers of the State of Arkansas from alleged misuse of public funds by the Arkansas State Board of Collection Agencies ("the Board") in licensing and regulating check-cashing businesses that charge usurious interest rates under the Check-Casher's Act, Ark.Code Ann. § 23-52-101, et seq. (Repl.2000 and Supp.2003...

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