Arkansas Code
Subchapter 4 - Bank Holding Companies
§ 23-48-403. Penalties

(a) Any person who willfully violates any provision of this subchapter or order issued by the Bank Commissioner pursuant to this subchapter or any State Bank Department rule is guilty of a Class A misdemeanor.
(b) Any person who willfully participates in a violation of any provision of this subchapter is guilty of a Class A misdemeanor.