{"data":{"id":"us-ar/ark.-code-ann.-17-42-405","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 17-42-405","heading":"Additional fee","body":"(a) In addition to the other fees provided for in this chapter and rules of the Arkansas Real Estate Commission, each licensed real estate broker and salesperson shall pay to the commission for the benefit of the Real Estate Recovery Fund a fee as the commission may require, not to exceed the lesser of: (1) Twenty-five dollars ($25.00) per annual renewal; or (2) An amount sufficient to restore the fund balance to two hundred fifty thousand dollars ($250,000). (b) Likewise, each person who becomes a licensee for the first time shall at that time pay to the commission for the benefit of the fund such fee as the commission may require, not to exceed twenty-five dollars ($25.00). (c) No fees collected under the provisions of this subchapter may be expended from the fund except for the purposes set forth in this subchapter. Amended by Act 2019, No. 315,§ 1466, eff. 7/24/2019. Acts 1993, No. 690, § 22.\n\n(a) In addition to the other fees provided for in this chapter and rules of the Arkansas Real Estate Commission, each licensed real estate broker and salesperson shall pay to the commission for the benefit of the Real Estate Recovery Fund a fee as the commission may require, not to exceed the lesser of: (1) Twenty-five dollars ($25.00) per annual renewal; or (2) An amount sufficient to restore the fund balance to two hundred fifty thousand dollars ($250,000).\n\n(1) Twenty-five dollars ($25.00) per annual renewal; or\n\n(2) An amount sufficient to restore the fund balance to two hundred fifty thousand dollars ($250,000).\n\n(b) Likewise, each person who becomes a licensee for the first time shall at that time pay to the commission for the benefit of the fund such fee as the commission may require, not to exceed twenty-five dollars ($25.00).\n\n(c) No fees collected under the provisions of this subchapter may be expended from the fund except for the purposes set forth in this subchapter.","path":["AR Code","Title 17","Chapter 42","Subchapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-17","retrieved_at":"2026-09-17T21:35:43Z","sha256":"f70f85864d9d91323f3b34f3fb747ab324f19b49adda0f1bf76cdf0c64ac06a2","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-17-42-404","next":"us-ar/ark.-code-ann.-17-42-406","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ar","title":"Arkansas Release 78 supplement","text":"Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ar.code"}]},"notice":"GroundRules: Original legal text. Not legal advice."}