Arkansas § 4-70-301 Definitions

Arkansas Statutes

§ 4-70-301 — Definitions

Arkansas § 4-70-301

Title4

This text of Arkansas § 4-70-301 (Definitions) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 4-70-301 (2026).

Text

As used in this subchapter, unless the context otherwise requires:

(1)"Commission" means compensation paid a sales representative by a principal in an amount based on a percentage of the dollar amount of certain orders for, or sales of, the principal's product;

(2)"Principal" means a person who:

(A)Does not have a permanent or fixed place of business in this state;

(B)Manufactures, produces, imports, or distributes a product for sale to customers who purchase the product for resale;

(C)Uses a sales representative to solicit orders for the product; and (D) Compensates the sales representative in whole or in part by commission; and (3) "Sales representative" means a person who solicits on behalf of a principal orders for the purchase at wholesale of the principal's product. The term "sa

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As used in this subchapter, unless the context otherwise requires: (1) "Commission" means compensation paid a sales representative by a principal in an amount based on a percentage of the dollar amount of certain orders for, or sales of, the principal's product; (2) "Principal" means a person who: (A) Does not have a permanent or fixed place of business in this state; (B) Manufactures, produces, imports, or distributes a product for sale to customers who purchase the product for resale; (C) Uses a sales representative to solicit orders for the product; and (D) Compensates the sales representative in whole or in part by commission; and (3) "Sales representative" means a person who solicits on behalf of a principal orders for the purchase at wholesale of the principal's product. The term "sales representative" does not include a person who places orders for or purchases the product for his or her own account for resale, or is engaged in door-to-door sales regulated by § 4-89-101 et seq.