(a)

1. (1) The Executive Director of the Arkansas Real Estate Commission may issue a citation imposing a penalty of one hundred dollars ($100) to a licensee who fails to complete:

   1. (A) Annual continuing education requirements by December 31, including the requirement to submit proof of satisfactory completion thereof to the Arkansas Real Estate Commission; or
   2. (B) The post-license education requirement, including submittal of proof of satisfactory completion thereof to the commission within the time frame required.
2. (2) It is the licensee’s responsibility to establish his or her successful completion of an educational requirement through courses acceptable to the commission.

(b) The executive director may issue a citation imposing a penalty of two hundred fifty dollars ($250) each to:

1. (1) A licensee who performs activities requiring an active real estate license while his or her license is expired; and
2. (2) The supervising broker or brokers of a licensee who performs activities requiring an active real estate license while his or her license is expired.