Arkansas Code § 23-51-139 - Civil Enforcement -- Criminal Penalties

(a) The Bank Commissioner may bring any appropriate civil action against any person who the commissioner believes has committed or is about to commit a violation of this chapter or a regulation or order of the commissioner pertaining to this chapter.

(b) A person who knowingly fails or refuses to file the application required by ยง 23-51-135 commits an offense. An offense under this subsection is a Class A misdemeanor.

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Last modified: November 15, 2016