Arkansas Code Title 2, Subtitle 2, Chapter 24 - Arkansas Grain Dealers Act

• § 2-24-101 - Title.
  This chapter shall be known and may be cited as the "Arkansas Grain Dealers Act".
• § 2-24-102 - Definitions.
  As used in this chapter: (1) (A) "Dealer" means a person that operates as a grain buyer. (B) "Dealer" does not include a person...
• § 2-24-103 - Administration -- Exemption.
  (a) The State Plant Board shall: (1) Administer this chapter; and (2) Create a publicly accessible database of: (A) Dealers licensed under this chapter;...
• § 2-24-104 - License Required.
  (a) (1) A dealer shall obtain a license from the State Plant Board under this chapter before entering into a contract for or purchasing...
• § 2-24-105 - Applications for Licenses -- Renewal.
  (a) The State Plant Board shall issue a license to a dealer that satisfies the requirements of this chapter and the rules promulgated by...
• § 2-24-106 - Bond Requirement.
  The State Plant Board may require a surety bond, financial reserve, or other evidence of creditworthiness for dealers.
• § 2-24-107 - Reporting -- Audits and Inspections.
  (a) A dealer shall report to the State Plant Board annually on the form prescribed by the board.(b) The board may audit and inspect...
• § 2-24-108 - Violations -- Penalties.
  (a) It is a violation of this chapter to: (1) Operate as a dealer without a license issued under this chapter; (2) Knowingly violate...
• § 2-24-109 - Suspension of License.
  (a) (1) The State Plant Board may temporarily suspend a dealer's license without a hearing if the board determines that the public health, safety,...
• § 2-24-110 - Receivership.
  (a) Following the suspension of a dealer's license under this chapter, the State Plant Board may file a verified petition in a court of...
• § 2-24-111 - Cease and Desist.
  The State Plant Board may order a dealer to cease and desist any activity that is in violation of this chapter.
• § 2-24-112 - Slow-Pay Hotline.
  (a) The State Plant Board shall establish a slow-pay hotline for a person to notify the board that a dealer is more than thirty...
• § 2-24-113 - Recordkeeping.
  (a) The State Plant Board shall promulgate rules concerning the records a dealer is required to maintain for the proper administration of this chapter.(b)...
• § 2-24-114 - Rules.
  The State Plant Board shall promulgate rules to implement and administer this chapter.

Last modified: November 15, 2016