§ 4-88-706 - Rules. - Arkansas Statutes

4-88-706. Rules.

(a) The State Bank Department shall promulgate rules pertaining to the regulation of state-chartered banks and the selling of gift cards.

(b) The department shall have authority of the sale of gift cards by state-chartered banks and promulgate rules based on guidance issued by the Comptroller of the Currency in the Office of the Comptroller of the Currency Bulletin 2006-34 on August 14, 2006.