Arkansas § 4-27-1903 - Definitions.
Full text of Arkansas Arkansas Code of 1987 Annotated § 4-27-1903 — Definitions., with citation guidance and answers to common questions.
§ 4-27-1903. Definitions.
As used in this subchapter: “Business” means a person or entity that: Performs a service or engages in a trade for profit and is required by the Internal Revenue Service to file a: Schedule C, Form 1040, Profit or Loss From Business, or its equivalent or successor form; Schedule E, Form 1040, Supplemental Income and Loss, or its equivalent or successor form; or Schedule F, Form 1040, Profit or Loss From Farming, or its equivalent or successor form, for that activity; or Is organized as a business under this chapter, including an entity that is required to file an annual report with the Secretary of State, whether or not the entity performs a service or engages in a trade or business for profit; “State business license” means any license issued to a business in this state; and “Wages” means any remuneration paid for personal services, including commissions and bonuses, and payable in any medium other than cash.
Frequently Asked Questions About Arkansas § 4-27-1903
What does Arkansas Code of 1987 Annotated § 4-27-1903 cover?
Section 4-27-1903 ("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 § 4-27-1903?
A common citation format is "Arkansas Code of 1987 Annotated § 4-27-1903" (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 § 4-27-1903 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.