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17-42-203. Powers and duties.
Arkansas Code — all titles (historical 2020) · legal_authorities
17-42-203. Powers and duties.
(a) The Arkansas Real Estate Commission may do all things necessary and convenient for carrying into effect the provisions of this chapter and may from time to time promulgate necessary or desirable rules.
(b) The commission shall have power to administer oaths.
(c) The commission shall adopt a seal with such design as it may prescribe engraved thereon.
(d) Copies of all records and papers in the office of the commission, certified and authenticated by the commission, shall be received in evidence in all courts equally and with like effect as the originals.
(e) The commission:
(1) Shall maintain in writing or in electronic format a list of the names and addresses of all active licensees licensed by it under the provisions of this chapter; and
(2) May publish in writing or in electronic format the names of all persons who have been sanctioned under § 17-42-312 or by consent order, together with other information relative to the enforcement of the provisions of this chapter as it may deem of interest to the public.
(f) The commission may conduct or assist in conducting real estate institutes and seminars and incur and pay the reasonable and necessary expenses in connection therewith. The institutes or seminars shall be open to all licensees.
(g) The commission is authorized to make reasonable charges for materials provided by the commission and for services performed in connection with providing materials.
(h)(1) The commission may establish reasonable procedures that shall be used by licensees participating in real estate auctions.
(2) For the protection of the public, licensees who participate in real estate auctions also shall be required to be licensed by the Auctioneer's Licensing Board.
(3) Notwithstanding subdiv
Source: Arkansas Code — historical release 78 (November 6, 2020) · 17-42-203
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:17-42-203
Source file: gov.ar.code.title.17.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 041a27f975eeecc6f61005743adf0b0b532b791f78fed277c35a43dd1b1b9bcd
Source location: content.xml paragraph 15100
Stored source content
17-42-203. Powers and duties.
(a) The Arkansas Real Estate Commission may do all things necessary and convenient for carrying into effect the provisions of this chapter and may from time to time promulgate necessary or desirable rules.
(b) The commission shall have power to administer oaths.
(c) The commission shall adopt a seal with such design as it may prescribe engraved thereon.
(d) Copies of all records and papers in the office of the commission, certified and authenticated by the commission, shall be received in evidence in all courts equally and with like effect as the originals.
(e) The commission:
(1) Shall maintain in writing or in electronic format a list of the names and addresses of all active licensees licensed by it under the provisions of this chapter; and
(2) May publish in writing or in electronic format the names of all persons who have been sanctioned under § 17-42-312 or by consent order, together with other information relative to the enforcement of the provisions of this chapter as it may deem of interest to the public.
(f) The commission may conduct or assist in conducting real estate institutes and seminars and incur and pay the reasonable and necessary expenses in connection therewith. The institutes or seminars shall be open to all licensees.
(g) The commission is authorized to make reasonable charges for materials provided by the commission and for services performed in connection with providing materials.
(h)(1) The commission may establish reasonable procedures that shall be used by licensees participating in real estate auctions.
(2) For the protection of the public, licensees who participate in real estate auctions also shall be required to be licensed by the Auctioneer's Licensing Board.
(3) Notwithstanding subdivision (h)(2) of this section, the commission shall have sole jurisdiction over licensees and their actions when participating in real estate auctions.
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Arkansas Code — all titles (historical 2020) · legal_authorities
17-42-312. Investigation of complaint — Citations — Penalties.
(a)(1) The Arkansas Real Estate Commission may, on its own motion, and shall, upon the verified complaint in writing of any person, provided that the complaint and any evidence, documentary or otherwise, presented in connection therewith shall make out a prima facie case, investigate the actions of any person engaged in the business or acting in the capacity of a real estate broker or real estate salesperson regardless of whether the transaction was for his or her own account or in his or her capacity as a broker or salesperson.
(2) If the complaint fails to state a prima facie case or if, after investigation, the Executive Director of the Arkansas Real Estate Commission determines that there is insufficient proof of a violation of this chapter, the executive director shall dismiss the complaint.
(3) If, however, the executive director determines that there is sufficient proof of a violation of this chapter, the person shall be notified of the charges against him or her and ordered to appear for a hearing.
(4) If a person violates this chapter, the commission may impose any one (1) or more of the following sanctions or requirements:
(A) Suspension, revocation, or denial of his or her license or the renewal thereof;
(B) A penalty of not more than one thousand dollars ($1,000) for each violation;
(C) Completion of appropriate educational programs or courses;
(D) Successful completion of an appropriate licensing examination;
(E) Conditions or restrictions upon the person's license or practice; or
(F) Payment of restitution, damages, or other penalties appropriate to the circumstances of the case that would:
(i) Achieve the desired disciplinary purpose;
(ii) Compensate or reimburse an inj
Source: Arkansas Code — historical release 78 (November 6, 2020) · 17-42-312
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 17-42-312. This identifies an authority to review, not proof of applicability.