Public-domain · open source
OpenJurist

Ark. Code Ann. § 23-55-608

Disclosure requirements

Known as the Uniform Money Services Act

The act spans §§ 23–23 (44 sections).

Acts 2009, No. 486, § 16.

(1) A licensee shall provide its name and mailing address or telephone number to the purchaser in connection with each money transmission or currency exchange transaction conducted by the licensee directly or through an authorized delegate.

(2) An authorized delegate shall display prominently in a form and in a medium prescribed by the Securities Commissioner a notice that states or contains the following information: The name, mailing address, and telephone number of the authorized delegate;

(3) For each licensee of the authorized delegate: A statement that the authorized delegate is an agent conducting business on behalf of the licensee under this chapter; and

(4) The name, mailing address, and telephone number of the licensee; and

(5) A statement: Directing consumers with complaints to contact the State Securities Department; and

(6) Containing the current mailing address and telephone number of the department.

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.