(a)

1. (1) Annually, the Arkansas Real Estate Commission shall identify subject matter topics that will be acceptable for continuing education courses for the upcoming license year.

2. (2) For the annual continuing education requirement the commission may:

   1. (A) Identify a specific topic of not more than three (3) classroom hours to be included in the annual continuing education requirement; or
   2. (B) Develop and require a specific curriculum for continuing education courses for licensed brokers or their designees for the annual continuing education.

(b)

1. (1) The commission may provide continuing education for licensees under the following circumstances:

   1. (A) If the Executive Director of the Arkansas Real Estate Commission, in consultation with the commissioners, determines that courses are not readily available by classroom delivery for a specific topic that has been identified by the commission as acceptable for continuing education; or
   2. (B) If the executive director, in consultation with the commissioners, determines that continuing education courses are not readily available by classroom delivery to licensees in a specific geographic area of Arkansas.

2. (2) When providing continuing education pursuant to this section, the commission is authorized to:

   1. (A) Incur and pay the reasonable and necessary expenses in connection therewith; and
   2. (B) Make reasonable charges for materials provided by the commission and for services performed in connection with providing the materials.
3. (3) The continuing education courses offered by the commission shall be open to all licensees unless the content is deemed broker specific, in which case the courses will be open to all brokers.