Arkansas Code Title 4. Business and Commercial Law § 4-74-108. Duration of license--Extension--Display

(a)(1) Each license issued for the conduct of a going-out-of-business sale shall be valid for a period of sixty (60) days, but the county clerk may extend the license for an additional period, not to exceed thirty (30) days, upon proof by the licensee that the licensee has been unable to complete the sale within the sixty-day period.

(2) If the county clerk grants an extension, the clerk shall issue a new license certificate.