Liability of loan broker's principal

Ark. Code Ann. § 23-39-403 — under Mortgage Loan Companies and Loan Brokers.

Ark. Code Ann. § 23-39-403

A principal of a loan broker shall be liable under this subchapter to the same extent as the loan broker himself or herself for any actions on behalf of the loan broker, or the loan broker's agents or employees, which violate this subchapter.