Ark. Code Ann. § 17-23-102 (2026)

The provisions of this chapter shall not apply to the following:

1. Transactions involving the sale or transfer of precious metals by a wholesale jeweler to a retail jeweler or licensed dealer;
2. Transactions involving coins regardless of whether or not such coins contain precious metals;
3. Any financial institution which is covered by federal or state deposit insurance;
4. Any person doing business under the laws of this state or the United States relating to any broker-dealer or commodity futures commission merchant or commodity trading advisor or agent duly registered and regulated by the State Securities Department or the United States Commodity Futures Trading Commission; or
5. Pawn brokers.

History. Acts 1981, No. 87, § 1; 1981, No. 541, § 1; A.S.A. 1947, § 71-5401; Acts 1991, No. 729, § 1; 2011, No. 1037, § 2.

Amendments. The 2011 amendment deleted former (1); redesignated former (2) as present (1); deleted former (3); redesignated former (4) through (7) as present (2) through (5); and deleted “or any person doing business under the laws of this state” following “insurance” in present (3).