Arkansas § 4-100-101 - Definitions.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-100-101 — Definitions., with citation guidance and answers to common questions.
§ 4-100-101. Definitions.
As used in this subchapter, unless the context requires otherwise: “Lease” means the grant of use and possession of a motor vehicle for consideration, whether or not the grant includes an option to buy the vehicle; “Motor vehicle” means a device in, on, or by which a person or property is or may be transported or drawn on a highway, except a device used exclusively on stationary rails or tracks; “Security interest” means an interest in personal property or fixtures that secures payment or performance of an obligation; “Third party” means a person other than the actor or the owner of the vehicle; and “Transfer” means to transfer possession, whether or not another right is also transferred, by means of a sale, lease, sublease, lease assignment, or other property transfer.
Frequently Asked Questions About Arkansas § 4-100-101
What does Arkansas Code of 1987 Annotated § 4-100-101 cover?
Section 4-100-101 ("Definitions.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 4-100-101?
A common citation format is "Arkansas Code of 1987 Annotated § 4-100-101" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 4-100-101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.