Arkansas Code Title 23, Subtitle 2, Chapter 42, Subchapter 5 - Regulation of Transactions

• § 23-42-501 - Sale of Unregistered Nonexempt Securities.
  It is unlawful for any person to offer or sell any security in this state unless: (1) It is registered under this chapter; (2)...
• § 23-42-502 - Filing of Prospectus, Sales Literature, Etc.
  The Securities Commissioner, by rule or order, may require the filing of any prospectus, pamphlet, circular, form letter, advertisement, television, radio, or other sales...
• § 23-42-503 - Exempted Securities.
  (a) The following securities are exempted from §§ 23-42-501 and 23-42-502: (1) (A) Any security, including a revenue obligation, issued or guaranteed by this...
• § 23-42-504 - Exempted Transactions.
  (a) The following transactions are exempted from §§ 23-42-501 and 23-42-502: (1) Any isolated nonissuer transactions, whether effected through a broker-dealer or not, provided...
• § 23-42-505 - Denial or Revocation of Exemption.
  (a) The Securities Commissioner may, by order, deny or revoke any exemption specified in § 23-42-503(a)(7) or (8), (b), or (c) or § 23-42-504(a)...
• § 23-42-506 - Burden of Proof of Exemption.
  In any proceeding under this chapter, the burden of proving an exemption or an exception from a definition is upon the person claiming it.
• § 23-42-507 - Fraud or Deceit in Connection With Offer, Sale, or Purchase of Securities.
  It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly: (1) To employ any...
• § 23-42-508 - Market Manipulation.
  It is unlawful for any person, directly or indirectly, in this state: (1) To effect any transaction in a security which involves no change...
• § 23-42-509 - Covered Securities.
  (a) The Securities Commissioner, by rule or order, may require a notice filing consisting of any or all of the following documents with respect...

Last modified: November 15, 2016