{"data":{"id":"us-ar/ark.-code-ann.-17-42-505","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 17-42-505","heading":"Civil penalties - Jurisdiction","body":"(a) If after notice and a hearing under this subchapter and the Arkansas Administrative Procedure Act, § 25-15-201 et seq., the Arkansas Real Estate Commission finds that a person has offered a nonqualified offering, the commission may impose a civil penalty of no more than five thousand dollars ($5,000) and assess costs against the person.\n\n(b) The fact that a person offers to provide or provides a course offering without the appropriate license or course approval from the commission is prima facie evidence that the person is offering a nonqualified offering.\n\n(c) In addition to civil penalties imposed under this section, the commission may require a person who offered a nonqualified offering to reimburse compensation, fees, or other remuneration collected for the nonqualified offering.","path":["AR Code","Title 17","Chapter 42","Subchapter 5"],"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 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"3abddacb9204b13b2ffcdd1f2f5ed3784e5aa60d0be0cd5a83642ff5481c5a71","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-17-42-504","next":"us-ar/ark.-code-ann.-17-42-506"},"notice":"GroundRules: Original legal text. Not legal advice."}