Arkansas Code Title 27. Transportation § 27-19-701. Definitions

(2)(A) “Proof of financial responsibility for the future” means proof of ability to respond in damages for liability, on account of accidents occurring subsequently to the effective date of the proof, arising out of the ownership, maintenance, or use of a vehicle of a type subject to registration under the laws of this state, in the amount of twenty-five thousand dollars ($25,000) because of bodily injury to or death of one (1) person in any one (1) accident, and subject to the limit for one (1) person, in the amount of fifty thousand dollars ($50,000) because of bodily injury to or death of two (2) or more persons in any one (1) accident, and in the amount of twenty-five thousand dollars ($25,000) because of injury to or destruction of property of others in any one (1) accident.

(B) Wherever used in this subchapter, the terms “proof of financial responsibility” or “proof” shall be synonymous with the term “proof of financial responsibility for the future”; and