Ark. Code § 17-42-109

Current with legislation from 2024 effective through May 3, 2024.
Section 17-42-109 - Civil penalties for engaging in unlicensed real estate activity
(a) If after notice and a hearing in accordance with this chapter and the Arkansas Administrative Procedure Act, § 25-15-201 et seq., the Arkansas Real Estate Commission finds that a person has engaged in unlicensed real estate activity, the commission may impose a civil penalty of no more than five thousand dollars ($5,000) and assess costs against the person.
(b) The fact that a person offers to engage in or offers to perform any practice, act, or operation set forth in § 17-42-103(10) without a license is prima facie evidence that the person is engaged in unlicensed real estate activity.
(c) In addition to civil penalties imposed under this section, the commission may require the person engaged in unlicensed real estate activity to reimburse any compensation, fees, or other remuneration collected during the unlicensed real estate activity.

Ark. Code § 17-42-109

Acts 2011, No. 865, § 6.