Arkansas License Law
A broker who fails to renew their license on time in Arkansas may:
AContinue practicing for up to 90 days on the expired license
BApply for reinstatement and pay a late fee within a specified period✓ Correct
CAutomatically receive a 6-month extension from AREC
DTransfer to inactive status and supervise others from that status
Explanation
An expired license holder must apply for reinstatement and pay applicable late fees. They may not practice on an expired license.
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