§ 23-112-802 - Definitions.
23-112-802. Definitions.
As used in this subchapter:
(1) "Motorcycle owners' organization" means an entity that is organized as a nonprofit entity or for-profit entity and in good standing with the Secretary of State;
(2) "Nonprofit entity" means an entity that has received tax exempt status from the Internal Revenue Service pursuant to section 501(c)(3) or section (501)(c)(4) of the Internal Revenue Code of 1986, as it existed on January 1, 2007;
(3) "Public venue" means a location that:
(A) Is open to the general public; and
(B) Is not the address designated as the primary business address of a new motor vehicle dealer licensed by the Arkansas Motor Vehicle Commission or a used motor vehicle dealer licensed by the Department of Arkansas State Police;
(4) "Significant positive economic impact" means an economic benefit of at least three million dollars ($3,000,000) to the state or a region of the state; and
(5) "Special motorcycle event" means an event held at a public venue with or without an admission fee that:
(A) Is sponsored by a city, a county, a nonprofit entity, or a motorcycle owners' organization;
(B) Occurs not more than one (1) time each year for no more than seven (7) consecutive days; and
(C) Includes any of the following that are invited to attend:
(i) New motor vehicle dealers to display and sell motorcycles; or
(ii) New motor vehicle manufacturers or distributors to display motorcycles.