Disclosure requirements

1. Law
2. Arkansas Code
3. Public Utilities and Regulated Industries
4. Financial Institutions And Securities
5. Uniform Money Services Act
6. Examinations — Reports — Records
7. Disclosure requirements

1. (a) A licensee shall provide its name and mailing address or telephone number to the purchaser in connection with each money transmission or currency exchange transaction conducted by the licensee directly or through an authorized delegate.

2. (b) An authorized delegate shall display prominently in a form and in a medium prescribed by the Securities Commissioner a notice that states or contains the following information:

   1. (1) The name, mailing address, and telephone number of the authorized delegate;

   2. (2) For each licensee of the authorized delegate:

      1. (A) A statement that the authorized delegate is an agent conducting business on behalf of the licensee under this chapter; and

      2. (B) The name, mailing address, and telephone number of the licensee; and

   3. (3) A statement:

      1. (A) Directing consumers with complaints to contact the State Securities Department; and

      2. (B) Containing the current mailing address and telephone number of the department.

Download our app to see the most-to-date content.