Arkansas Statutes
§ 23-55-104 — Administration and rules
Arkansas·Title 23
(a)The Securities Commissioner shall administer this chapter.
(b)The commissioner may:
(1)Make, amend, and rescind any rules, forms, and orders that the commissioner deems necessary or appropriate to carry out this chapter, including without limitation rules and forms governing applications and reports; and (2) Define any terms, whether or not used in this chapter, if consistent with this chapter.
(c)A rule, form, or order shall not be made, amended, or rescinded unless the commissioner finds that the action is:
(1)Necessary or appropriate in the public interest or for the protection of consumers; and (2) Consistent with the purposes fairly intended by the policy and provisions of this chapter.
(d)All rules and forms of the commissioner shall be published.
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Legislative History
Acts 2009, No. 486, § 4.
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
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