{"data":{"id":"us-ar/ark.-code-ann.-4-100-101","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-100-101","heading":"Definitions","body":"As used in this subchapter, unless the context requires otherwise:\n\n(1) \"Lease\" means the grant of use and possession of a motor vehicle for consideration, whether or not the grant includes an option to buy the vehicle;\n\n(2) \"Motor vehicle\" means a device in, on, or by which a person or property is or may be transported or drawn on a highway, except a device used exclusively on stationary rails or tracks;\n\n(3) \"Security interest\" means an interest in personal property or fixtures that secures payment or performance of an obligation;\n\n(4) \"Third party\" means a person other than the actor or the owner of the vehicle; and\n\n(5) \"Transfer\" means to transfer possession, whether or not another right is also transferred, by means of a sale, lease, sublease, lease assignment, or other property transfer.","path":["AR Code","Title 4","Chapter 100"],"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":"d1fa1cc7c8224f0f8bdb043ead38a1c1ebe24110197767828c79341dc0bcab67","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-3-9-606","next":"us-ar/ark.-code-ann.-4-100-102"},"notice":"GroundRules: Original legal text. Not legal advice."}