Arkansas Code Title 15, Subtitle 3, Chapter 32, 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)...
• § 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...
• § 15-32-603 - Offenses.
  (a) A trustee commits the offense of timber theft if the trustee, knowingly or with intent to defraud, directly or indirectly retains, uses, disperses,...
• § 15-32-604 - Defenses.
  It is an affirmative defense to prosecution under this subchapter that: (1) The trustee paid the beneficiaries all trust money to which the beneficiaries...
• § 15-32-605 - Secondary Purchasers Exempt From Liability.
  Secondary purchasers shall not be civilly or criminally liable for any act or omission of a timber purchaser which becomes timber theft by operation...

Last modified: November 15, 2016