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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) As to any and each customer-bank communication terminal which a state bank proposes to establish, the state bank shall notify the Bank Commissioner of the establishment and location of the terminal.
(b) No notice need be given for any device or machine which:
(1) Is used solely to verify a customer's credit for purposes of check cashing or of a credit card transaction; or
(2) Is a part of a bank's authorized main office or branch.
(c) No hearing or permit shall be required to establish or use a customer-bank communication terminal.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-48-803. Notice of establishment of terminal - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-48-803/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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