Arkansas Statutes

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

Arkansas·Title 23
(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.

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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.

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