§ 23-48-810 — Sharing of communication terminals - Definitions

Arkansas § 23-48-810

• Jurisdiction: Arkansas
• Title: 23

Text

(a) (1) An agreement to share a customer-bank communication terminal shall not prohibit, limit, or restrict the right of a bank from charging a customer-bank communication terminal usage fee. (2) The usage fee may be imposed only if imposition of the usage fee is disclosed at a time and in a manner that allows a user to terminate or cancel the transaction without incurring the usage fee. (b) (1) For purposes of this section, "usage fee" is a fee charged by a customer-bank communication terminal owner on transactions by a holder of a foreign bank card. (2) For purposes of this section, a "foreign bank card" is a card eligible for use in a customer-bank communication terminal, which card is not issued by the customer-bank communication terminal owner.

Legislative History

Amended by Act 2015, No. 588,§ 2, eff. 7/22/2015. Amended by Act 2013, No. 153,§ 1, eff. 2/26/2013. Acts 1997, No. 89, § 1.