{"data":{"id":"us-ar/ark.-code-ann.-23-88-505","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-88-505","heading":"Suspension or revocation of license","body":"If a vendor, its employee, or its authorized representative violates a provision of this subchapter, the Insurance Commissioner may after notice and a hearing impose on the vendor: (1) Fines not to exceed five hundred dollars ($500) per violation or five thousand dollars ($5,000) in the aggregate; and (2) Other penalties that the commissioner deems necessary and reasonable to carry out the purpose of this subchapter, including without limitation: (A) Suspending the privilege of transacting portable electronics insurance at specific business locations where violations have occurred; and (B) Suspending or revoking the ability of individual employees or authorized representatives of the vendor to act under a license issued under this subchapter. Acts 2011, No. 1018, § 1.\n\nIf a vendor, its employee, or its authorized representative violates a provision of this subchapter, the Insurance Commissioner may after notice and a hearing impose on the vendor:\n\n(1) Fines not to exceed five hundred dollars ($500) per violation or five thousand dollars ($5,000) in the aggregate; and\n\n(2) Other penalties that the commissioner deems necessary and reasonable to carry out the purpose of this subchapter, including without limitation: (A) Suspending the privilege of transacting portable electronics insurance at specific business locations where violations have occurred; and (B) Suspending or revoking the ability of individual employees or authorized representatives of the vendor to act under a license issued under this subchapter.\n\n(A) Suspending the privilege of transacting portable electronics insurance at specific business locations where violations have occurred; and\n\n(B) Suspending or revoking the ability of individual employees or authorized representatives of the vendor to act under a license issued under this subchapter.","path":["AR Code","Title 23","Chapter 88","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":"d6048fb6f5411be063f6f40f822f17223631c7940953884d6bc5c698ed1efd49","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-88-504","next":"us-ar/ark.-code-ann.-23-88-506"},"notice":"GroundRules: Original legal text. Not legal advice."}