TO MAKE TECHNICAL CORRECTIONS TO TITLE 18 OF THE ARKANSAS CODE CONCERNING PROPERTY.

HB 1358 makes minor technical corrections to Arkansas property laws in Title 18 of the Arkansas Code. It fixes a typo in the felony penalty for foreign-controlled businesses violating land ownership rules (changing "is guilty of a an unclassified felony" to "is guilty of an unclassified felony") and corrects reference errors in definitions related to foreign agricultural land ownership. These changes clarify existing provisions about "significant interest" and "substantial control" without altering the underlying law. The bill affects foreign-owned businesses and landowners subject to current property ownership restrictions, but does not create new requirements or penalties.