Arkansas Code
Subchapter 5 - Disclosures by Solicitors for Advertisements on School Calendars
§ 4-88-502. Violations

(a) This subchapter shall not be construed to permit an activity otherwise prohibited by law.
(b)
(1) A person who solicits advertisements for school calendars shall disclose whether or not the school whose name, emblem, or mascot is used will receive any funds as a result of the solicitation and, if so, what percentage or amount of those funds the school will receive.
(2) If the school whose name, emblem, or mascot is used will not receive a percentage of any funds raised, the person making the solicitation must clearly and conspicuously disclose, both orally and in writing at the time the person makes the solicitation, that the school will not receive a percentage of any funds raised.

(c) Subsection (b) of this section shall not apply to a person who solicits advertisements for university calendars when the person has a written contract with the university.