Statutes > Arkansas Statutes > Title 17 - Professions, Occupations, and Businesses > Subtitle 2 - Nonmedical Professions > Chapter 42 - Real Estate License Law > Subchapter 2 - Arkansas Real Estate Commission > § 17-42-204 - Disposition of funds -- Fund created.

§ 17-42-204 - Disposition of funds -- Fund created.

17-42-204. Disposition of funds -- Fund created.

(a) Except as otherwise provided herein, all fees, charges, fines, and penalties collected by the Arkansas Real Estate Commission shall be deposited into a fund to be known as the "Arkansas Real Estate Commission Fund".

(b) The commission is empowered to expend funds appropriated from the Arkansas Real Estate Commission Fund for the requirements, purposes, and expenses of the commission under the provisions of this chapter.