Arkansas Statutes

§ 4-115-103 — Applicability and exclusions

Arkansas·Title 4
(a)Nothing contained in this chapter shall:
(1)Affect the jurisdiction of state or federal bank regulators over the regulation of credit card processing services provided by state or national banks; or (2) Limit the rights or remedies that are otherwise available to a person or an entity that has contracted with a credit card processing service.
(b)This chapter does not apply to:
(1)A contract entered into before August 1, 2007;
(2)A state bank, a national bank, or a savings association, each as defined in 12 U.S.C. § 1813 , as it existed on January 1, 2009; or (3) The parent, affiliate, or subsidiary of a state bank, a national bank, or a savings association, each as defined in 12 U.S.C. § 1813 , as it existed on January 1, 2009.
(c)The obligations under this chapter are cumulative

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Related

§ 1813
12 U.S.C. § 1813

Legislative History

Acts 2007, No. 911, § 1; 2009, No. 624, § 2.

Nearby Sections

15
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