Wow. That is one stupidly worded set of laws. I'm searching through the AR code and getting a headache. FYI: The LexisNexis site (where the AR code links redirect you) STINKS.
Fact 1:From the AR constitution.§ 5. Right to bear arms.
The citizens of this State shall have the right to keep and bear arms, for their common defense.
Fact 2:This is the new wording, apparently.5-73-120. Carrying a weapon.
(c) It is permissible to carry a handgun under this section if at the time of the act of carrying a weapon:
(8) The person is in possession of a concealed handgun and has a valid license to carry a concealed handgun under § 5-73-301 et seq., or recognized under § 5-73-321 and is not in a prohibited place as defined by § 5-73-306;
Nowhere in the relevant sections does it mention anything about "openly" carrying. It's all "concealed." Until the AG and/or the Gov. issues an official opinion on the matter, I think (though I hope I'm wrong) that Mr. Chambless is up a creek.