§ 17-42-105 - Criminal sanctions. - Arkansas Statutes

17-42-105. Criminal sanctions.

(a) Any person acting as a real estate broker or salesperson within this state who does not hold a valid active Arkansas license or who otherwise violates any of the provisions of this chapter shall be guilty of a Class D felony and, upon conviction, punished accordingly.

(b) Any officer or agent of a corporation or member or agent of a firm, partnership, copartnership, or association who shall personally participate in or in any way be accessory to any violation of this chapter by the firm, partnership, copartnership, association, or corporation shall be subject to all the penalties prescribed in this section for individuals.

(c) Any commissioner of the Arkansas Real Estate Commission, the Executive Director of the Arkansas Real Estate Commission, or other designee, or any licensee residing in the county where the violation occurs may by affidavit institute criminal proceedings against any violator of this chapter without having to file a bond for costs.

(d) The prosecuting attorney for each county shall prosecute any violation of the provisions of this chapter which occurs in his or her county.