Ark. Code Ann. § 17-42-204

Disposition of funds — Fund created

Known as the Real Estate License Law

The act spans §§ 17-42-101 to 17-42-702 (67 sections).

Acts 1993, No. 690, § 5; 2007, No. 263, § 4.

(1) Except as otherwise provided herein, all fees, charges, fines, and penalties collected by the Arkansas Real Estate Commission shall be deposited into a fund to be known as the “Arkansas Real Estate Commission Fund”.

(2) The commission is empowered to expend funds appropriated from the Arkansas Real Estate Commission Fund for the requirements, purposes, and expenses of the commission under the provisions of this chapter.

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.