Arkansas § 6-21-301 Definitions

Arkansas Statutes

§ 6-21-301 — Definitions

Arkansas § 6-21-301

Title6

This text of Arkansas § 6-21-301 (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. § 6-21-301 (2026).

Text

As used in this subchapter:

(1)"Commodities" means all supplies, goods, material, equipment, machinery, facilities, personal property, and services, other than personal and professional services, purchased for or on behalf of the school district;

(2)"Open market purchases" means those purchases of commodities by any purchasing official in which competitive bidding is not required;

(3)"Purchase" means and includes not only the outright purchase of a commodity but also the acquisition of commodities under rental-purchase agreements, lease-purchase agreements, or any other type of agreements whereby the school district has an option to buy the commodity and to apply the rental payments on the purchase price thereof;

(4)"Purchase price" means the full sale or bid price of any commodity wit

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As used in this subchapter: (1) "Commodities" means all supplies, goods, material, equipment, machinery, facilities, personal property, and services, other than personal and professional services, purchased for or on behalf of the school district; (2) "Open market purchases" means those purchases of commodities by any purchasing official in which competitive bidding is not required; (3) "Purchase" means and includes not only the outright purchase of a commodity but also the acquisition of commodities under rental-purchase agreements, lease-purchase agreements, or any other type of agreements whereby the school district has an option to buy the commodity and to apply the rental payments on the purchase price thereof; (4) "Purchase price" means the full sale or bid price of any commodity without any allowance for trade-in; and (5) "Purchasing official" means the board of directors of any school district or a lawfully designated agent of the school district with authority to contract or make purchases on behalf of the school district.