(a) (1) The Arkansas Manufactured Home Commission shall suspend the license or certificate of each licensee, installer, retailer, or manufacturer until such time as the licensee, installer, retailer, or manufacturer reimburses award amounts paid on its behalf to the Manufactured Housing Recovery Fund, plus interest at a rate to be determined by the commission, but the interest is not to exceed ten percent (10%) per annum.
(2) The commission may permanently suspend the license or certificate of the respondent upon failure to pay an order of the commission or court.
(b) The commission may move the circuit court to suspend the license or certificate of the respondent during pendency of an appeal from a commission order.
Section: Previous 20-29-102 20-29-103 20-29-104 20-29-105 20-29-106 20-29-107 20-29-108 20-29-110 20-29-111 20-29-112 NextLast modified: November 15, 2016