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18-29-203. Receipts.
Arkansas Code — all titles (historical 2020) · legal_authorities
18-29-203. Receipts.
(a)(1) Every unused property merchant shall maintain receipts for the purchase of new and unused property, as defined in § 18-29-201(3).
(2) Receipts shall contain all of the following information:
(A) The date of the transaction;
(B) The name and address of the person, corporation, or entity from which the new and unused property was acquired;
(C) An identification and description of the new and unused property acquired;
(D) The price paid for such new and unused property; and
(E) The signature of the seller and buyer of the new and unused property.
(b) It is a violation of this subchapter for an unused property merchant required to maintain receipts under the provisions contained in subsection (a) of this section to knowingly:
(1) Falsify, obliterate, or destroy such receipts;
(2)(A) Refuse or fail upon request to make such receipts available for inspection within a period of time which is reasonable under the individual circumstances surrounding the request.
(B) However, nothing contained within the provisions of this section shall be construed to require the unused property merchant to possess the receipt on or about his or her person without reasonable notice; or
(3) Fail to maintain the receipts required by this section for at least two (2) years.
(c) The provisions of this subchapter shall not apply to:
(1) The sale of a motor vehicle or trailer that is required to be registered or is subject to the certificate of title laws of this state;
(2) The sale of wood for fuel, ice, or livestock;
(3) Business conducted in any industry or association trade show;
(4) Property, although never used, whose style, packaging, or material clearly indicates that the property was not produced or manufactured within recent time
Source: Arkansas Code — historical release 78 (November 6, 2020) · 18-29-203
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:18-29-203
Source file: gov.ar.code.title.18.odt
Pages: Not recorded – Not recorded
Passage SHA-256: b0c556f6ec27d066884e1545e79a9eb04b5b0ad76b0eb4c7e3a6e85da5178fdb
Source location: content.xml paragraph 7173
Stored source content
18-29-203. Receipts.
(a)(1) Every unused property merchant shall maintain receipts for the purchase of new and unused property, as defined in § 18-29-201(3).
(2) Receipts shall contain all of the following information:
(A) The date of the transaction;
(B) The name and address of the person, corporation, or entity from which the new and unused property was acquired;
(C) An identification and description of the new and unused property acquired;
(D) The price paid for such new and unused property; and
(E) The signature of the seller and buyer of the new and unused property.
(b) It is a violation of this subchapter for an unused property merchant required to maintain receipts under the provisions contained in subsection (a) of this section to knowingly:
(1) Falsify, obliterate, or destroy such receipts;
(2)(A) Refuse or fail upon request to make such receipts available for inspection within a period of time which is reasonable under the individual circumstances surrounding the request.
(B) However, nothing contained within the provisions of this section shall be construed to require the unused property merchant to possess the receipt on or about his or her person without reasonable notice; or
(3) Fail to maintain the receipts required by this section for at least two (2) years.
(c) The provisions of this subchapter shall not apply to:
(1) The sale of a motor vehicle or trailer that is required to be registered or is subject to the certificate of title laws of this state;
(2) The sale of wood for fuel, ice, or livestock;
(3) Business conducted in any industry or association trade show;
(4) Property, although never used, whose style, packaging, or material clearly indicates that the property was not produced or manufactured within recent times;
(5) Anyone who sells by sample, catalog, or brochure for future delivery;
(6) The sale of arts or crafts by a person who produces such arts or crafts;
(7) Persons who make sales presentations pursuant to a prior individualized invitation issued to the consumer by the owner or legal occupant of the premises;
(8) Garage or yard sales held on premises devoted to residential use; or
(9) Sales conducted by motor freight carrier companies for the purpose of selling salvage goods.
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Arkansas Code — all titles (historical 2020) · legal_authorities
18-29-201. Definitions.
As used in this subchapter:
(1) “Baby food” or “infant formula” means any food manufactured, packaged, and labeled specifically for sale for consumption by a child under the age of two (2) years;
(2) “Medical device” means any instrument, apparatus, implement, machine, contrivance, implant, in vitro reagent, tool, or other similar or related article, including any component part or accessory, required under federal law to bear the label “Caution: Federal law requires dispensing by or on the order of a physician” or which is defined by federal law as a medical device and which is intended for use in the diagnosis of disease or other conditions or in the cure, mitigation, treatment, or prevention of disease in man or other animals or is intended to affect the structure or any function of the body of a human or other animals, which does not achieve any of its principal intended purposes through chemical action within or on the body of a human or other animals and which is not dependent upon being metabolized for achievement of any of its principal intended purposes;
(3) “New and unused property” means tangible personal property that was acquired by the unused property merchant directly from the producer, manufacturer, wholesaler, or retailer in the ordinary course of business which has never been used since its production or manufacturing or which is in its original and unopened package or container, if the personal property was so packaged when originally produced or manufactured;
(4)(A) “Nonprescription drug” and “over-the-counter drug” mean any nonnarcotic medicine or drug that may be sold without a prescription and is prepackaged for use by the consumer, prepared by the manufacturer or producer for use by the consumer, properly labeled
Source: Arkansas Code — historical release 78 (November 6, 2020) · 18-29-201
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 18-29-201. This identifies an authority to review, not proof of applicability.