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Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-55-206. Renewal of license

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) A licensee under this article shall pay an annual renewal fee of $750 no later than December 31 in order to be licensed for the next calendar year.

(b) A licensee under this article shall submit a renewal report with the renewal fee, in a form prescribed by the commissioner. The renewal report must state or contain:

(1) a list of the licensee's permissible investments and a certification that the licensee continues to maintain permissible investments according to the requirements set forth in §§ 23-55-701 and 23-55-702; and

(2) proof that the licensee continues to maintain an adequate surety bond as required by § 23-55-204.

(c) A licensee shall comply with subsections (a) and (b) within thirty (30) days of the renewal date.

(d) The commissioner for good cause may grant an extension of the renewal date.

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Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-55-206. Renewal of license - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-55-206/

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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