Browse Arkansas Code titles and sections
23-55-401. License required.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-55-401. License required.
(a) A person may not engage in currency exchange or advertise, solicit, or hold itself out as providing currency exchange for which the person receives revenues equal or greater than five percent of total revenues unless the person:
(1) is licensed under this article;
(2) is licensed for money transmission under § 23-55-201 et seq.; or
(3) is an authorized delegate of a person licensed under § 23-55-201 et seq.
(b) A license under this article is not transferable or assignable.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-55-401
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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Authority boundary: historical statutory source snapshot not current law.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-55-401
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7bcf17d9bc71fdd1fdba0a8d16a10e2ddba531d46dd39442852f1eab39e28da6
Source location: content.xml paragraph 26848
Stored source content
23-55-401. License required.
(a) A person may not engage in currency exchange or advertise, solicit, or hold itself out as providing currency exchange for which the person receives revenues equal or greater than five percent of total revenues unless the person:
(1) is licensed under this article;
(2) is licensed for money transmission under § 23-55-201 et seq.; or
(3) is an authorized delegate of a person licensed under § 23-55-201 et seq.
(b) A license under this article is not transferable or assignable.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-55-201. License required.
(a) 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:
(1) 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.
(b) A license under this article is not transferable or assignable.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-55-201
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 23-55-201. This identifies an authority to review, not proof of applicability.