§ 17-40-314 - Licenses -- Managers. - Arkansas Statutes

17-40-314. Licenses -- Managers.

(a) (1) The business of each licensee, other than in instances in which the licensee company is owned and operated by the same individual who meets the qualifications of a manager, shall be operated under the direction and control of at least one (1) manager.

(2) Licensees in instances in which the licensee company is owned and operated by the same individual who meets the qualifications of a manager shall not be required to obtain a manager's license.

(b) No person shall act as a manager of a licensee until he or she has:

(1) Demonstrated his or her qualifications by a written examination; and

(2) Made a satisfactory showing to the Arkansas Board of Private Investigators and Private Security Agencies that he or she has the qualifications prescribed by 17-40-306 and that none of the facts stated in 17-40-350(a) exist as to him or her.

(c) It shall be unlawful and punishable as provided in 17-40-104 for any individual to make application to the board as manager or to serve as manager of an investigations company, security services contractor, or alarm systems company unless the individual intends to maintain a supervisory position on a daily basis for the investigations company, security services contractor, or alarm systems company.

(d) If the manager, who has qualified as provided in this section, ceases to be manager for any reason whatsoever, the licensee shall notify the board in writing within fourteen (14) days from the cessation. If notice is given, the license shall remain in force for a reasonable length of time to be determined by the rules of the board pending the qualification, as provided in this chapter, of another manager. If the licensee fails to notify the board within the fourteen-day period, his or her license shall be subject to suspension or revocation.