SR21

Authorizes introduction of a bill to create the Arkansas Property Rights Protection from Sharia Law Act.

Authorizes the introduction of a bill to create the Arkansas Property Rights Protection from Sharia Law Act, which aims to regulate certain residential property interests controlled by certain entities. The act defines terms such as "business entity," "managing entity," and "residential arrangement." It prohibits managing entities from taking actions that would violate the Arkansas Securities Act if they are under investigation. The Attorney General can pursue an injunction against managing entities found in violation.