Arkansas Statutes
§ 23-111-514 — Franchise holder required to give bond
Arkansas·Title 23
Every franchise holder to which a license may be granted under this chapter at its own cost and expense shall, before the license is delivered, give a bond, in the penal sum of ten thousand dollars ($10,000) payable to the Arkansas Racing Commission with a surety to be approved by the commission, conditioned to faithfully make the payments to the commission provided for in this chapter, and keep its books and records and make reports provided in this chapter and to conduct its race meeting in conformity with the provisions of this chapter.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-111-514 (Franchise holder required to give bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1957, No. 191, § 22; A.S.A. 1947, § 84-2837.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
Citizens band radio equipment