Arkansas License Law
A licensee found guilty of commingling or conversion of client funds by AREC may face:
AA small administrative fine only
BMandatory additional education only
CLicense suspension or revocation, fines, and possible criminal prosecution✓ Correct
DA 30-day license suspension at most
Explanation
Commingling (mixing client funds with personal funds) and conversion (using client funds for personal purposes) are serious violations. Penalties include license suspension or revocation, civil fines, and potential criminal charges for theft.
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