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Ark. Code Ann. § 17-17-401

Auctioneer Education and Recovery Fund

Known as the Auctioneer's Licensing Act

The act spans §§ 17–17 (42 sections).

Acts 1999, No. 227, § 3.

(1) The Auctioneer's Licensing Board shall establish a separate high interest bearing account in a bank located in this state. The account shall be referred to as the “Auctioneer Education and Recovery Fund” and shall only be used for education and recovery purposes as detailed in this chapter.

(2) The fees collected under § 17-17-404 shall be deposited into the fund.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.