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4-70-301. Definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

4-70-301. Definitions.

4-70-301. Definitions. As used in this subchapter, unless the context otherwise requires: (1) “Commission” means compensation paid a sales representative by a principal in an amount based on a percentage of the dollar amount of certain orders for, or sales of, the principal's product; (2) “Principal” means a person who: (A) Does not have a permanent or fixed place of business in this state; (B) Manufactures, produces, imports, or distributes a product for sale to customers who purchase the product for resale; (C) Uses a sales representative to solicit orders for the product; and (D) Compensates the sales representative in whole or in part by commission; and (3) “Sales representative” means a person who solicits on behalf of a principal orders for the purchase at wholesale of the principal's product. The term “sales representative” does not include a person who places orders for or purchases the product for his or her own account for resale, or is engaged in door-to-door sales regulated by § 4-89-101 et seq.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-70-301

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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Stable record: arkansas_code:legal_authorities:4-70-301
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: eecaee4596c8e6dc393231d2707f8d4a8b9e0b6cddf3602994e60a6cd18c5915

Source location: content.xml paragraph 30622

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4-70-301. Definitions. As used in this subchapter, unless the context otherwise requires: (1) “Commission” means compensation paid a sales representative by a principal in an amount based on a percentage of the dollar amount of certain orders for, or sales of, the principal's product; (2) “Principal” means a person who: (A) Does not have a permanent or fixed place of business in this state; (B) Manufactures, produces, imports, or distributes a product for sale to customers who purchase the product for resale; (C) Uses a sales representative to solicit orders for the product; and (D) Compensates the sales representative in whole or in part by commission; and (3) “Sales representative” means a person who solicits on behalf of a principal orders for the purchase at wholesale of the principal's product. The term “sales representative” does not include a person who places orders for or purchases the product for his or her own account for resale, or is engaged in door-to-door sales regulated by § 4-89-101 et seq.

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Arkansas Code — all titles (historical 2020) · legal_authorities

4-89-101. Purpose.

4-89-101. Purpose. The purpose of this chapter is to promote the public welfare by regulating home solicitation sales so that the consumer shall not become a victim of deceptive sales practices.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-89-101

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 4-89-101. This identifies an authority to review, not proof of applicability.