Ark. Code Ann. § 27-14-2003: Records to be maintained

Every licensee shall maintain for three (3) years, in the form the Office of Motor Vehicle prescribes, a record of:

(1) Every vehicle or used part, accessory, body, chassis, or engine of, or for, a vehicle received or acquired by him or her, its description and identifying number, the date of its receipt or acquisition, and the name and address of the person from whom received or acquired;

(2) Every vehicle or vehicle body, chassis, or engine disposed of by him or her, its description and identifying number, the date of its disposition, and the name and address of the person to whom disposed of; and

(3) Every vehicle wrecked or dismantled by him or her and the date of its wrecking or dismantling. Every such record shall be open to inspection by any representative of the Office of Motor Vehicle or peace officer during reasonable business hours.