§ 23-48-803 - Notice of establishment of terminal. - Arkansas Statutes

23-48-803. Notice of establishment of terminal.

(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.