License required
Known as the Uniform Money Services Act
The act spans §§ 23–23 (44 sections).
Acts 2007, No. 1595, § 1; 2009, No. 486, § 5; 2011, No. 733, § 2.
(1) A person may not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission unless the person: is licensed under this article;
(2) is an authorized delegate of a person licensed under this article; or
(3) is excluded under § 23-55-103.
(4) A license under this article is not transferable or assignable.
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.