Arkansas Code
Subchapter 6 - Timber Trust Money
§ 15-32-601. Definitions

As used in this subchapter:
(1) “Owner” means any person, partnership, corporation, unincorporated association, or other legal entity having any interest in any:
(A) Timber;
(B) Land upon which timber grows; or
(C) Land from which timber has been removed;

(2) “Secondary purchaser” means any person, partnership, corporation, unincorporated association, or other legal entity buying timber from a timber purchaser; and
(3) “Timber purchaser” means a person who purchases standing timber for harvest.