Arkansas Code Title 23, Subtitle 2, Chapter 42, Subchapter 1 - General Provisions

• § 23-42-101 - Title.
  This chapter may be cited as the "Arkansas Securities Act".
• § 23-42-102 - Definitions.
  As used in this chapter, unless the context otherwise requires: (1) (A) "Agent" means an individual, other than a broker-dealer, who: (i) Represents a...
• § 23-42-103 - Applicability.
  (a) (1) Sections 23-42-106, 23-42-108, 23-42-109, 23-42-212, 23-42-301(a), 23-42-501, and 23-42-507 apply to persons who sell or offer to sell when: (A) An offer...
• § 23-42-104 - Criminal Penalties.
  (a) Any person who knowingly violates § 23-42-507 shall be guilty of the offense of "securities fraud". Securities fraud is a Class B felony.(b)...
• § 23-42-105 - Prosecution of Criminal Offenses.
  (a) (1) Prosecutions for offenses described in § 23-42-104 must be commenced within the following periods of limitation: (A) Felonies -- five (5) years...
• § 23-42-106 - Civil Liability.
  (a) (1) A person is liable to a buyer of a security if the person offers or sells the security: (A) In violation of...
• § 23-42-107 - Consent to Service of Process.
  (a) (1) (A) Every applicant for registration under this chapter, every person making a notice filing, and every issuer for whom a registration, exemption...
• § 23-42-108 - Rights and Remedies Cumulative.
  The rights and remedies provided by this chapter are in addition to any other rights that may exist at law or in equity.
• § 23-42-109 - Waiver of Compliance Void.
  Any condition, stipulation, or provision binding any person acquiring any security to waive compliance with any provision of this chapter or any rule or...
• § 23-42-110 - False or Misleading Statements Unlawful.
  It is unlawful for any person to make or cause to be made, in any document filed with the Securities Commissioner or the commissioner's...

Last modified: November 15, 2016