§ 20-29-108 - Suspension of license pending reimbursement or appeal. - Arkansas Statutes

20-29-108. Suspension of license pending reimbursement or appeal.

(a) (1) The Arkansas Manufactured Home Commission shall suspend the license or certificate of each licensee, installer, retailer, or manufacturer until such time as the licensee, installer, retailer, or manufacturer reimburses award amounts paid on its behalf to the Manufactured Housing Recovery Fund, plus interest at a rate to be determined by the commission, but the interest is not to exceed ten percent (10%) per annum.

(2) The commission may permanently suspend the license or certificate of the respondent upon failure to pay an order of the commission or court.

(b) The commission may move the circuit court to suspend the license or certificate of the respondent during pendency of an appeal from a commission order.