Arkansas § 15-72-803 - Penalties.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-72-803 — Penalties., with citation guidance and answers to common questions.
§ 15-72-803. Penalties.
Any person who knowingly violates any provisions of this subchapter or any rules promulgated thereunder shall be guilty of a misdemeanor and upon conviction shall be subject to a fine of not more than one thousand dollars ($1,000) or imprisonment for not more than six (6) months, or both. In the event of a violation by a corporation or other entity organized for a common business purpose, this penalty shall extend to any officer, director, or employee who knowingly participated in the violation. Any prime supplier or broker who refuses to provide products pursuant to an assignment under this subchapter shall be liable for a penalty of not more than ten thousand dollars ($10,000) which may be recovered in a civil action, and the prime supplier or broker may be enjoined from continuing such violation.
Frequently Asked Questions About Arkansas § 15-72-803
What does Arkansas Code of 1987 Annotated § 15-72-803 cover?
Section 15-72-803 ("Penalties.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 15-72-803?
A common citation format is "Arkansas Code of 1987 Annotated § 15-72-803" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 15-72-803 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.