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Current as of March 28, 2024 | Updated by Findlaw Staff
(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(c) A rule, form, or order shall not be made, amended, or rescinded unless the commissioner finds that the action is: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.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-55-104. Administration and rules - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-55-104/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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