{"data":{"id":"us-ar/ark.-code-ann.-2-20-402","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 2-20-402","heading":"Definitions","body":"As used in this subchapter, unless the context otherwise requires: (1) \"Board\" means the Arkansas Soybean Promotion Board created under this subchapter; (2) \"Net market price\" means: (A) The sales price or value received by a producer for soybeans after adjustments for any premium or discount based on grading or quality factors, as determined by the secretary; or (B) For soybeans pledged as collateral for a loan issued under any price support loan program administered by the Commodity Credit Corporation, the principal amount of the loan; (3) \"Secretary\" means the United States Secretary of Agriculture; (4) \"Soybean Promotion, Research and Consumer Information Act\" means the federal Soybean Promotion, Research and Consumer Information Act of 1990, Subtitle E of Title XIX, of the Food, Agriculture, Conservation and Trade Act of 1990, P.L. No. 101-624, as amended from time to time, and any order issued pursuant thereto by the secretary; and (5) \"United Soybean Board\" means the United Soybean Board created by the Soybean Promotion, Research and Consumer Information Act. Acts 1991, No. 340, § 2.\n\nAs used in this subchapter, unless the context otherwise requires:\n\n(1) \"Board\" means the Arkansas Soybean Promotion Board created under this subchapter;\n\n(2) \"Net market price\" means: (A) The sales price or value received by a producer for soybeans after adjustments for any premium or discount based on grading or quality factors, as determined by the secretary; or (B) For soybeans pledged as collateral for a loan issued under any price support loan program administered by the Commodity Credit Corporation, the principal amount of the loan;\n\n(A) The sales price or value received by a producer for soybeans after adjustments for any premium or discount based on grading or quality factors, as determined by the secretary; or\n\n(B) For soybeans pledged as collateral for a loan issued under any price support loan program administered by the Commodity Credit Corporation, the principal amount of the loan;\n\n(3) \"Secretary\" means the United States Secretary of Agriculture;\n\n(4) \"Soybean Promotion, Research and Consumer Information Act\" means the federal Soybean Promotion, Research and Consumer Information Act of 1990, Subtitle E of Title XIX, of the Food, Agriculture, Conservation and Trade Act of 1990, P.L. No. 101-624, as amended from time to time, and any order issued pursuant thereto by the secretary; and\n\n(5) \"United Soybean Board\" means the United Soybean Board created by the Soybean Promotion, Research and Consumer Information Act.","path":["AR Code","Title 2","Chapter 20","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":"1b2561aa6a11976eca8f46cc20eae8d2869542e4ab1c0235cf91efb1221fc538","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-2-20-401","next":"us-ar/ark.-code-ann.-2-20-403"},"notice":"GroundRules: Original legal text. Not legal advice."}