Ark. Code § 25-1-1101

Current with legislation from 2024 Fiscal and Special Sessions.
Section 25-1-1101 - Definitions

As used in this subchapter:

(1) "Boycott" means without an ordinary business purpose:
(A) Engaging in refusals to deal;
(B) Terminating business activities; or
(C) Other actions that are intended to limit public entities' commercial relations with an industry in a discriminatory manner;
(2)
(A) "Company" means a sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, limited liability company, or other entity or business association, including all wholly owned subsidiaries, majority-owned subsidiaries, parent companies, or affiliates of those entities or business associations.
(B) "Company" does not include a financial services provider as defined in § 25-1-1001(8)(A) as created by HB1307 of the Ninety-fourth General Assembly if that bill becomes an act;
(3)
(A) "Ordinary business purpose" means a purpose that is related to business operations.
(B) "Ordinary business purpose" does not include a purpose that is solely related to furthering social, political, or ideological interests; and
(4) "Public entity" means a state or local government entity, including a:
(A) Department, division, agency, office, commission, board, constitutional office, or other government organization;
(B) Political subdivision, including a city, county, municipality, town, or conservation district; and
(C) Public school, public school district, charter school, or public institution of higher education.

Ark. Code § 25-1-1101

Added by Act 2023, No. 611,§ 1, eff. 8/1/2023.