(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.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 2 - Financial Institutions And Securities
Chapter 48 - Organization and Operation
Subchapter 8 - Customer-Bank Communication Terminals
§ 23-48-802. Location of customer-bank communication terminals
§ 23-48-803. Notice of establishment of terminal
§ 23-48-804. Out-of-state banks
§ 23-48-805. Point-of-sale terminals not subject to regulation by Bank Commissioner
§ 23-48-806. Interconnected terminals
§ 23-48-807. Persons attending terminals — Verification of transactions
§ 23-48-808. Privacy of account information
§ 23-48-809. Approval for expanded powers of state banks
§ 23-48-810. Sharing of communication terminals — Definitions