Arkansas Code
Subchapter 3 - Licensing
§ 17-17-307. Auction owners

(a) If an auction owner is one other than the principal auctioneer, the auction owner shall apply for a license and meet all the provisions of this chapter.
(b) When the owner of an auction company or the designated person of a corporation and the auctioneer are one and the same, only one (1) license shall be required.