(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.
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