As used in this subchapter:(1) 'Confucius Institute' means a Confucius Institute operated by the Office of Chinese Language Council International, also known as the 'Haban', which is affiliated with the Ministry of Education of the People's Republic of China;(2) 'Contract' means an agreement for the acquisition by purchase, lease, or barter of property or services between a foreign source and an institution for the direct benefit of or use by either of the parties;(3) 'Foreign source' means:(A) A foreign government, including without limitation an agency of a foreign government;(B) A legal entity, government or otherwise, created solely under the laws of a foreign state or states;(C) An individual who is not a citizen or a national of the United States or a trust territory or a protectorate of a trust territory; or(D) An agent, including without limitation a subsidiary or affiliate of a foreign legal entity, acting on behalf of a foreign source, as described by subdivisions (3)(A)-(C) of this section;(4) 'Gift' means a gift of money or property; and(5) 'Institution' means a state-supported:(A) Two-year institution of higher education; or(B) Four-year institution of higher )(A)-(C) of this section;(4) 'Gift' means a gift of money or property; and(5) 'Institution' means a state-supported:(A) Two-year institution of higher education; or(B) Four-year institution of higher education.Added by Act 2021, No. 1020,§ 1, eff. 4/29/2021.
Arkansas Legal Code