{"data":{"id":"us-ar/ark.-code-ann.-4-92-104","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-92-104","heading":"Agreement - Nature","body":"An agreement which conforms with the definition as set forth in § 4-92-102(7) shall be a true lease and shall not constitute a credit sale, retail installment contract, agreement, obligation, or any other type of credit sale financing device, nor shall it create a security interest as that term is defined in § 4-1-201(b)(35) . Until the lessor transfers title to the merchandise to the consumer, the relationship of the parties to a rental-purchase agreement shall be that of a lessor and lessee and not that of a seller and buyer, and title to the merchandise shall remain vested with the lessor.","path":["AR Code","Title 4","Chapter 92"],"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":"b1970774244fc62d377939c0c06ad6ef4fe49a50931db8500208b668a43a4dfb","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-92-103","next":"us-ar/ark.-code-ann.-4-92-105"},"notice":"GroundRules: Original legal text. Not legal advice."}