Arkansas Statutes

§ 4-90-202 — Definitions

Arkansas·Title 4

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

(1)"Auction company" means a person taking possession of a motor vehicle owned by another to sell at an auction;
(2)"Dealer" means a person that sold at least five (5) motor vehicles during the prior twelve (12) months to buyers that in good faith bought the vehicles other than for resale;
(3)"Distributor" means a person that sold at least five (5) motor vehicles during the prior twelve (12) months for resale;
(4)"Leased motor vehicle" means a motor vehicle leased to a person for at least four (4) months by a lessor that leased at least five (5) vehicles during the prior twelve (12) months;
(5)"Motor vehicle" means any self-propelled vehicle not operated exclusively upon railroad tracks, except snowmobiles and other de

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Legislative History

Acts 1995, No. 795, § 2.

Nearby Sections

15
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