{"data":{"id":"us-ar/ark.-code-ann.-5-2-501","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 5-2-501","heading":"Definitions","body":"As used in this subchapter: (1) \"Agent\" means any officer, director, or employee of an organization or any other person who is authorized to act in behalf of an organization; (2) \"High managerial agent\" means an agent or officer of an organization who has duties of such responsibility that his or her conduct reasonably may be assumed to represent the policy of the organization; and (3) \"Organization\" means a legal entity and includes: (A) A corporation, company, association, firm, partnership, or joint-stock company; (B) A foundation, institution, society, union, club, or church; or (C) Any other group of persons organized for any purpose. Acts 1975, No. 280, § 401; A.S.A. 1947, § 41-401.\n\nAs used in this subchapter:\n\n(1) \"Agent\" means any officer, director, or employee of an organization or any other person who is authorized to act in behalf of an organization;\n\n(2) \"High managerial agent\" means an agent or officer of an organization who has duties of such responsibility that his or her conduct reasonably may be assumed to represent the policy of the organization; and\n\n(3) \"Organization\" means a legal entity and includes: (A) A corporation, company, association, firm, partnership, or joint-stock company; (B) A foundation, institution, society, union, club, or church; or (C) Any other group of persons organized for any purpose.\n\n(A) A corporation, company, association, firm, partnership, or joint-stock company;\n\n(B) A foundation, institution, society, union, club, or church; or\n\n(C) Any other group of persons organized for any purpose.","path":["AR Code","Title 5","Chapter 2","Subchapter 5"],"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":"79b7101045baca754e40e2bbda43a97cd9b5a74ddf68001118a25c118e1da1f6","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-5-2-406","next":"us-ar/ark.-code-ann.-5-2-502"},"notice":"GroundRules: Original legal text. Not legal advice."}
