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83 chapters · 1,940 sections in this title.
Ark. Code Ann. § 17-23-101 Definitions
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(1) As used in this chapter:(1) (A) “Dealer” means a person, corporation, partnership, or other entity that engages in the business of purchasing precious metals or precious items, or both, for the purpose of reselling the items in any form.(B) “Dealer” does not include a person,…
Ark. Code Ann. § 17-23-102 Exemptions
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(1) The provisions of this chapter shall not apply to the following:(1) Transactions involving the sale or transfer of precious metals by a wholesale jeweler to a retail jeweler or licensed dealer;(2) Transactions involving coins regardless of whether or not such coins contain pr…
Ark. Code Ann. § 17-23-103 Penalties
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(a) If the value of the property involved in a transaction is five hundred dollars ($500) or less, a person who violates this chapter is guilty of a Class A misdemeanor. (b) If the value of the property involved in a transaction is greater than five hundred dollars ($500), a pers…
Ark. Code Ann. § 17-23-104 Civil liability
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(a) Any person who has been damaged or injured by the failure of a person required to be licensed under this chapter to comply with the provisions of this chapter may recover the actual damages sustained. (b) The court in its discretion may also award punitive damages and the cos…