26-52-430. Charitable organizations.

Arkansas Code — all titles (historical 2020) · legal_authorities

26-52-430. Charitable organizations.

26-52-430. Charitable organizations. (a) The exemptions stated in this subchapter for a charitable organization shall not extend to sales of new tangible personal property, specified digital products, or a digital code by the charitable organization if the sales compete with sales by for-profit businesses. (b) A sale by a charitable organization does not compete with a sale by a for-profit business if: (1) The sales transaction is conducted by a member of the charitable organization and not by a franchisee or licensee; (2) All the proceeds derived from the sales transaction go to the charitable organization; and (3) The sales transaction is not a continuing one and is held not more than three (3) times a year. (c)(1) The provisions of this section shall not apply to a sale made by a nonprofit hospital, a cafeteria at a nonprofit hospital, or a gift shop at a nonprofit hospital, whether operated by the hospital, a hospital auxiliary, or other nonprofit organization. (2) The provisions of this section shall also not apply to a gift shop operated by a charitable organization at a for-profit hospital.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-52-430

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.