Ark. Code Ann. § 23-88-502: Licensure of vendors

(a) A vendor is required to hold a limited lines license to sell or offer coverage under a portable electronics insurance policy. (b) A limited lines license issued under this subchapter shall authorize an employee or authorized representative of the licensee to sell or offer coverage under a policy of portable electronics insurance to a customer at locations the vendor engages in the business of portable electronics transactions. (c) A supervising entity shall: (1) Maintain a registry of vendor locations that are authorized to offer coverage for portable electronics in this state; and (2) Produce the registry for inspection and examination during its regular business hours upon receipt of a ten-day notice from the Insurance Commissioner. (d) A license issued under this subchapter authorizes the licensee and its employees or authorized representatives to engage in the activities authorized by this subchapter. Amended by Act 2013, No. 340,§ 1, eff. 8/16/2013. Acts 2011, No. 1018, § 1.

(a) A vendor is required to hold a limited lines license to sell or offer coverage under a portable electronics insurance policy.

(b) A limited lines license issued under this subchapter shall authorize an employee or authorized representative of the licensee to sell or offer coverage under a policy of portable electronics insurance to a customer at locations the vendor engages in the business of portable electronics transactions.

(c) A supervising entity shall: (1) Maintain a registry of vendor locations that are authorized to offer coverage for portable electronics in this state; and (2) Produce the registry for inspection and examination during its regular business hours upon receipt of a ten-day notice from the Insurance Commissioner.

(1) Maintain a registry of vendor locations that are authorized to offer coverage for portable electronics in this state; and

(2) Produce the registry for inspection and examination during its regular business hours upon receipt of a ten-day notice from the Insurance Commissioner.

(d) A license issued under this subchapter authorizes the licensee and its employees or authorized representatives to engage in the activities authorized by this subchapter.