Disclosure of recommendation or referral between a licensee and a nonlicensed office or business
Effective Mar 5, 2026Ark. R. 2026-21 (eff. March 5, 2026)Arkansas Code § 17-12-203
- (a) Any licensee that accepts a client resulting from a recommendation or referral by a nonlicensed office or business with which the licensee or firm is associated shall disclose such association or ownership to the client at the time the client is accepted.
- (b) Similarly, a licensee that refers or recommends a client to a nonlicensed office or business with which the licensee or firm is associated must disclose that relationship to the client at the time of the referral or recommendation.
- (c) No form is provided for such notices, but they must be in writing and delivered to the client.