{"data":{"id":"us-ar/ark.-code-ann.-18-28-401","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 18-28-401","heading":"Definitions","body":"As used in this subchapter: (1) \"Holder\" means a person, wherever organized or domiciled, who is: (A) In possession of property that belongs to another; (B) A trustee; or (C) Indebted to another on an obligation; (2) \"Mineral\" means oil, gas, uranium, sulphur, lignite, coal, and any other substance that is ordinarily and naturally considered a mineral in this state, regardless of the depth at which the substance is found; and (3) \"Mineral proceeds\" means all obligations: (A) To pay resulting from the production and sale of minerals from this state; and (B) For the acquisition and retention of a mineral lease to produce minerals located in this state. Acts 1987, No. 362, § 1.\n\nAs used in this subchapter:\n\n(1) \"Holder\" means a person, wherever organized or domiciled, who is: (A) In possession of property that belongs to another; (B) A trustee; or (C) Indebted to another on an obligation;\n\n(A) In possession of property that belongs to another;\n\n(B) A trustee; or\n\n(C) Indebted to another on an obligation;\n\n(2) \"Mineral\" means oil, gas, uranium, sulphur, lignite, coal, and any other substance that is ordinarily and naturally considered a mineral in this state, regardless of the depth at which the substance is found; and\n\n(3) \"Mineral proceeds\" means all obligations: (A) To pay resulting from the production and sale of minerals from this state; and (B) For the acquisition and retention of a mineral lease to produce minerals located in this state.\n\n(A) To pay resulting from the production and sale of minerals from this state; and\n\n(B) For the acquisition and retention of a mineral lease to produce minerals located in this state.","path":["AR Code","Title 18","Chapter 28","Subchapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"b2a1dbda5dbac1dcecf2e6bccf7419262e2fef66547a8ddff018bce7cf41ce33","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-18-28-231","next":"us-ar/ark.-code-ann.-18-28-402"},"notice":"GroundRules: Original legal text. Not legal advice."}