Ark. Code § 6-60-1202

Current with legislation from 2024 effective through May 3, 2024.
Section 6-60-1202 - Definitions

As used in this subchapter:

(1) "Confucius Institute" means a Confucius Institute operated by the Office of Chinese Language Council International, also known as the "Haban", which is affiliated with the Ministry of Education of the People's Republic of China;
(2) "Contract" means an agreement for the acquisition by purchase, lease, or barter of property or services between a foreign source and an institution for the direct benefit of or use by either of the parties;
(3) "Foreign source" means:
(A) A foreign government, including without limitation an agency of a foreign government;
(B) A legal entity, government or otherwise, created solely under the laws of a foreign state or states;
(C) An individual who is not a citizen or a national of the United States or a trust territory or a protectorate of a trust territory; or
(D) An agent, including without limitation a subsidiary or affiliate of a foreign legal entity, acting on behalf of a foreign source, as described by subdivisions (3)(A)-(C) of this section;
(4) "Gift" means a gift of money or property; and
(5) "Institution" means a state-supported:
(A) Two-year institution of higher education; or
(B) Four-year institution of higher education.

Ark. Code § 6-60-1202

Added by Act 2021, No. 1020,§ 1, eff. 4/29/2021.