(a) It is unlawful to:
(1) Engage in unlicensed real estate activity; or
(2) Violate this chapter:
(A) Individually; or
(B) As an officer, agent, or member of a firm, corporation, partnership, copartnership, association, limited liability company, or other entity by participating in or being an accessory to a violation of this chapter by the firm, corporation, partnership, copartnership, association, limited liability company, or other entity.
(b) A commissioner of the Arkansas Real Estate Commission, the Executive Director of the Arkansas Real Estate Commission, a commissioner's designee, the executive director's designee, or any licensee residing in the county where the violation occurs may by affidavit institute criminal proceedings for a violation of this chapter without filing a bond for costs.
(c) The prosecuting attorney for each county shall prosecute any violation of this chapter that occurs in his or her county.
(d) A violation of this chapter is a Class D felony.