Arkansas Code
Subchapter 6 - Timber Trust Money
§ 15-32-602. Timber trust funds — Trustees — Beneficiaries

(a) Money a timber purchaser collects for harvested timber is trust money.
(b) A timber purchaser and each officer, director, partner, or agent of a timber purchaser are trustees of trust money.
(c) Each seller of standing timber is a beneficiary of trust money to the extent of the beneficiary's share of the purchase price for the timber.