(a) There may be organized, in any city, town, or municipality in the State of Arkansas, voluntary associations to be known as cotton exchanges, grain exchanges, boards of trade, or similar institutions to receive and post quotations on cotton, grains, stocks, bonds, and other commodities for the benefit of their members and other persons engaged in the production of cotton, grain, and other commodities.
(b) The associations shall be composed of not fewer than twenty-five (25) active members and shall adopt a uniform set of rules not inconsistent with the laws of Arkansas and of the United States.
(c) They shall open their books to the inspection of proper courts and officers of the law when required.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 44 - Commodities Futures
§ 23-44-103. Requirements for validity of contracts
§ 23-44-104. Recovery of advances under contract
§ 23-44-105. Bucket shop contracts void
§ 23-44-106. Bucket shops prohibited
§ 23-44-107. Exchanges and boards of trade — Organization — Records
§ 23-44-108. Exchanges and boards of trade — Use of public or private wires
§ 23-44-109. Written statement to be furnished upon demand — Effect of noncompliance