{"data":{"id":"us-ar/ark.-code-ann.-4-31-401","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-31-401","heading":"Definition","body":"For purposes of this subchapter, \"business trust\" means a foreign unincorporated association or trust created by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as are or may become the holders of a transferable certificate evidencing beneficial interest in the trust.","path":["AR Code","Title 4","Chapter 31","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":"66a57c265328c912c4ce8123c5dc0ab568c9653734f226156bad018b525daf4f","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-31-303","next":"us-ar/ark.-code-ann.-4-31-402"},"notice":"GroundRules: Original legal text. Not legal advice."}