Arkansas Code § 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 ยง 23-55-103.

(b) A license under this article is not transferable or assignable.

Section: 23-55-202  23-55-204  23-55-205  23-55-206  23-55-207    Next

Last modified: November 15, 2016