(a)
(1) An agreement to share a customer-bank communication terminal, as defined by § 23-32-1301(2) [repealed], shall not prohibit, limit, or restrict the right of a financial institution from charging a customer-bank communication terminal usage fee.
(2) The usage fee shall not exceed two dollars ($2.00) or two percent (2%) of the gross amount of the transaction, whichever is less, and may only be imposed if imposition of the 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.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 32 - General Provisions
Subchapter 2 - Powers and Duties of Financial Institutions Generally
§ 23-32-201. Investment in obligations issued pursuant to Farm Credit Act of 1971
§ 23-32-203. Loans secured by liens on agricultural lands
§ 23-32-204. Sale of certain mortgage loans
§ 23-32-205. Loans under Servicemen's Readjustment Act
§ 23-32-206. Casualty insurance — Replacement cost coverage
§ 23-32-207. Deposits and withdrawals — Accounts and certificates of deposit in two or more names
§ 23-32-208. Sharing of customer-bank communication terminals
§ 23-32-209. Misleading actions or use of words by unauthorized persons
§ 23-32-210. Request for stop payment on electronic funds transfer