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ARKANSAS STATUTES AND CODES

§ 23-52-115 - Board remedies for violation of this chapter.

23-52-115. Board remedies for violation of this chapter.

If after a hearing the State Board of Collection Agencies finds that a person has violated this chapter or any administrative regulation issued pursuant to this chapter, the board may do any or all of the following:

(1) Order the person to cease and desist violating this chapter or any administrative rules issued pursuant thereto;

(2) Require the refund of any fees collected by the person in violation of this chapter; and

(3) Order the person to pay to the board a civil penalty of not more than one thousand dollars ($1,000) for each transaction in violation of this chapter or for each day that a violation has occurred and continues.

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