2020 Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 55 - Uniform Money Services Act
Article 2 - Money Transmission Licenses
§ 23-55-201. License required

Universal Citation: AR Code § 23-55-201 (2020)
  1. (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. (1) is licensed under this article;

    2. (2) is an authorized delegate of a person licensed under this article; or

    3. (3) is excluded under § 23-55-103.

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

Disclaimer: These codes may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.