Arkansas Administrative Code
Agency 076 - Real Estate Commission
Rule 076.00.13-001 - Regulation 9.9 - Alternate Disciplinary Procedures
Universal Citation: AR Admin Rules 076.00.13-001
Current through Register Vol. 49, No. 2, February 2024
NEW RULE TO SPECIFY THE AUTHORITY OF THE AREC AS AUTHORIZED BY ACT 112 OF 2013
Section 9. Complaints; Investigations; Hearings; Alternate Disciplinary Procedures.
9.1-9.8
9.9
Alternate Disciplinary
Procedures
(a)
(1) The Executive Director may issue a
citation imposing a penalty of $100 to a licensee who:
(A) fails to complete annual continuing
education requirements by December 31, including the requirement to submit
proof of satisfactory completion thereof to the Commission; or
(B) fails to complete the post-license
education requirement, including submittal of proof of satisfactory completion
thereof to the Commission within the time frame required.
(2) It is the licensee's responsibility to
establish his or her successful completion of an educational requirement
through courses acceptable to the Commission.
(b) The Executive Director may issue a
citation imposing a penalty of $250 each to:
(1) A licensee who performs activities
requiring an active real estate license while his or her license is expired;
and
(2) The supervising broker(s)
of a licensee who performs activities requiring an active real estate license
while his or her license is expired.
(c) Licensees issued a citation may contest
the citation under §
17-42-312(d).
Disclaimer: These regulations may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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