License required.
Ark. Code Ann. § 23-55-201
in effect(a) A person may not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission unless the person:
(1) is licensed under this article;
(2) is an authorized delegate of a person licensed under this article; or
(3) is excluded under § 23-55-103.
(b) A license under this article is not transferable or assignable.
Source: Public.Resource.Org / UniCourt, Official Code of Arkansas Annotated, Release 78 (2020) (unicourt.github.io/cic-code-ar)URL: https://unicourt.github.io/cic-code-ar/transforms/ar/ocar/r78/gov.ar.code.title.23.htmlFetched: 11/8/2026
