Arkansas Statutes
§ 23-42-201 — Administration by Securities Commissioner - Conflicts of interest
Arkansas·Title 23
(a)(1) This chapter shall be administered by the Securities Commissioner.
(2)Except as provided in subdivision (a)(3) of this section, the Securities Commissioner shall:
(A)Be appointed by the Governor and serve at the pleasure of the Governor; and (B) Report to the Bank Commissioner.
(3)The Bank Commissioner may act as the Securities Commissioner.
(b)(1) There is created within the Department of Commerce the State Securities Department.
(2)The State Securities Department shall have all the powers and duties assigned pursuant to Acts 1983, No. 691, and all subsequent delegations of authority.
(c)No person shall serve in the State Securities Department or in the Department of Commerce working for the State Securities Department in any capacity who engages in any activities regulated
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-42-201 (Administration by Securities Commissioner - Conflicts of interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Act 2023, No. 475,§ 7, eff. 8/1/2023. Amended by Act 2019, No. 910,§ 575, eff. 7/1/2019. Acts 1959, No. 254, §§ 18, 30; 1961, No. 248, § 10; 1973, No. 471, § 2; A.S.A. 1947, §§ 67-1252, 67-1262.
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