For purposes of this subchapter, “business trust” means a foreign unincorporated association or trust created by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as are or may become the holders of a transferable certificate evidencing beneficial interest in the trust.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 31 - Foreign Investors
Subchapter 4 - Filing Procedure for Foreign Business Trusts
§ 4-31-402. Filing requirements
§ 4-31-403. Applicability of law
§ 4-31-404. Discontinuing trust business