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26-55-215. Distributor's license — Issuance of certificate.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-55-215. Distributor's license — Issuance of certificate.
The application in proper form having been accepted for filing, the bond having been accepted and approved, and the other conditions and requirements of §§ 26-55-213 and 26-55-214 having been complied with, the Secretary of the Department of Finance and Administration shall issue to the distributor a license certificate to transact business as a distributor in the State of Arkansas.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-55-215
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:26-55-215
Source file: gov.ar.code.title.26.odt
Pages: Not recorded – Not recorded
Passage SHA-256: df8ed0432f48da63a40815e1c67d0b5e1f63a65c07439d950bd86e0fe16c6b16
Source location: content.xml paragraph 23307
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26-55-215. Distributor's license — Issuance of certificate.
The application in proper form having been accepted for filing, the bond having been accepted and approved, and the other conditions and requirements of §§ 26-55-213 and 26-55-214 having been complied with, the Secretary of the Department of Finance and Administration shall issue to the distributor a license certificate to transact business as a distributor in the State of Arkansas.
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Arkansas Code — all titles (historical 2020) · legal_authorities
26-55-213. Distributor's license — Requirement — Penalty for noncompliance.
(a) It shall be unlawful for any distributor to receive, use, sell, or distribute any motor fuel or to engage in business within this state unless the distributor is the holder of an uncancelled license issued by the Secretary of the Department of Finance and Administration to engage in the business or, if the distributor is an agent, commission or otherwise, of a distributor as defined in this subchapter, unless the agent is the holder of a certified duplicate copy of an uncancelled license issued by the secretary to the agent's principal.
(b)(1) Upon conviction, a person who engages in business in the State of Arkansas as a distributor without being the holder of an uncancelled license to engage in the business is guilty of an unclassified misdemeanor and shall be punished by a fine of not less than one thousand dollars ($1,000) nor more than ten thousand dollars ($10,000) or imprisonment for a term of not less than thirty (30) days and not more than one (1) year, or both fine and imprisonment.
(2) Each day or any part thereof during which any person shall engage in business as a distributor without being the holder of an uncancelled license shall constitute a separate offense within the meaning of this section.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-55-213
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 26-55-213. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-55-214. Distributor's license — Application and bond.
(a) To procure a distributor's license, every distributor shall file with the Secretary of the Department of Finance and Administration an application upon oath and in a form prescribed by the secretary, setting forth:
(1) The name under which the distributor will transact business within the State of Arkansas;
(2) The location, with street address, of its principal office or place of business within this state and all of its separate places of business within this state; and
(3) The name and complete residence address of the owner or the names and addresses of the partners, if the distributor is a partnership, or the names and addresses of the principal officer, if the distributor is a corporation or association.
(b)(1) Concurrent with the filing of an application for a distributor's license, every distributor shall file with the secretary a bond of the character stipulated and in the amount provided for in § 26-55-222.
(2) No license shall be issued upon any application unless accompanied by the bond, nor, if the applicant is a foreign corporation, unless it is at the time properly qualified under the laws of the State of Arkansas to do business therein.
(c) The secretary shall keep and file all applications and bonds with an alphabetical index together with a record of all licensed distributors.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-55-214
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 26-55-214. This identifies an authority to review, not proof of applicability.