Ark. Code Ann. » Title 23 Chapter 112
Arkansas Code Annotated

Ark. Code Ann. § 23-112-601 (2026)

Necessity for regulation — Legislative findings — Legislative declaration

✓ current as of May 2026
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  1. The General Assembly declares that the public interest is affected by the sale and distribution of used motor vehicles, and it is recognized that a significant factor of the inducement in making a sale of a used motor vehicle to a member of the general public is the trust and confidence of the purchaser in the retail dealer from whom the purchase is made, with the expectancy that the dealer will remain in business to stand behind and provide service for the motor vehicle purchased.
  2. It is therefore found to be necessary to license used motor vehicle dealers and to prohibit certain acts and set penalties for violations and perpetration of certain acts by used motor vehicle dealers who are not licensed as new motor vehicle dealers selling used cars incidental to their new motor vehicle dealership operations, salespersons, agents, representatives, and employees of used motor vehicle dealers in order to:
    1. Prevent fraud, improper impositions, and other abuses upon the citizens of this state;
    2. Protect and preserve the investments and properties of the citizens of this state; and
    3. Foster and keep alive vigorous and healthy competition by prohibiting unfair practices by which fair and honest competition is destroyed or prevented.

History. Acts 1993, No. 490, § 1.

Case Notes

Cited: Hankins v. McElroy, 313 Ark. 394, 855 S.W.2d 310 (1993).

Notes of Decisions
Cited in 3 cases, 1993–2007 · leading case: Hankins v. McElroy, 855 S.W.2d 310 (Ark. 1993).
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Hankins v. McElroy, 855 S.W.2d 310 (Ark. 1993). · cites it 6× “The Reporter’s Notes to section 23-112-601 indicate that all bonds posted by presently licensed used motor vehicle dealers were transferred from the Motor Vehicle Commission to the Revenue Division of DF &A, to be regulated in accordance with section 23-112-603.”
Bull Motor Co. v. Murphy, 270 S.W.3d 350 (Ark. Ct. App. 2007). · cites it 4× “See Ark.Code Ann. § 23-112-601. It is instructive in this context to note that the definition of "used motor vehicle" in § 23-112-602(8) includes not only those vehicles that previously have been sold and titled, but also any vehicle that has been "so used as to have become what…”
Lawyers Sur. Corp. v. Flowers, 66 S.W.3d 669 (Ark. Ct. App. 2002). · cites it 2× “1999): (a) The General Assembly hereby declares that the public interest is affected by the sale and distribution of used motor vehicles, and it is recognized that a significant factor of the inducement in making a sale of a used motor vehicle to a member of the general public…”
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