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18-14-207. Regulation and use of public offering statement.
Arkansas Code — all titles (historical 2020) · legal_authorities
18-14-207. Regulation and use of public offering statement.
(a)(1) The Arkansas Real Estate Commission may require a developer to alter or supplement the form or substance of a public offering statement to assure adequate and accurate disclosure to prospective purchasers.
(2) The commission may require that certain disclosures contained in the public offering statement be in boldface type to protect the purchaser.
(b)(1) The public offering statement shall not be used for promotional purposes before registration and may be used afterwards only in its entirety.
(2) A person shall not advertise that the commission has approved or recommended the time-share plan, the disclosure statement, or any of the documents contained in the application for registration.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 18-14-207
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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Record provenance
Stable record: arkansas_code:legal_authorities:18-14-207
Source file: gov.ar.code.title.18.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 46be6f6fffddf661eaef623298f123078fc98ef10bb1ff0770cc18a4579f6d9f
Source location: content.xml paragraph 2705
Stored source content
18-14-207. Regulation and use of public offering statement.
(a)(1) The Arkansas Real Estate Commission may require a developer to alter or supplement the form or substance of a public offering statement to assure adequate and accurate disclosure to prospective purchasers.
(2) The commission may require that certain disclosures contained in the public offering statement be in boldface type to protect the purchaser.
(b)(1) The public offering statement shall not be used for promotional purposes before registration and may be used afterwards only in its entirety.
(2) A person shall not advertise that the commission has approved or recommended the time-share plan, the disclosure statement, or any of the documents contained in the application for registration.
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