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95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-119-101 Legislative intent — Findings — Purpose
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(a) This chapter establishes the standards and criteria for the permitting and regulation of digital asset mining businesses. (b) The General Assembly finds:(1) Digital asset mining businesses represent a new and emerging industry that presents significant challenges for the citi…
Ark. Code Ann. § 23-119-102 Definitions
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(1) As used in this chapter:(1) “Blockchain network” means a group of computers operating and processing together to execute a consensus mechanism to agree upon and verify data in a digital record for the purpose of generating digital assets;(2) “Digital asset mining business” me…
Ark. Code Ann. § 23-119-103 Permit — Application
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(a) A digital asset mining business shall not operate in Arkansas without a valid permit from the Oil and Gas Commission under this chapter. (b) The commission shall establish the application for a permit for digital asset mining businesses to operate. (c) The issuance of a digit…
Ark. Code Ann. § 23-119-104 Rules
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(1) The Oil and Gas Commission shall promulgate rules to implement this chapter, including without limitation rules establishing requirements for:(1) Permitting;(2) Application for a permit;(3) Renewal of a permit;(4) The requirements and terms for a permit; and(5) The establishm…