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45-16-103 - Usage fees on foreign access cards.

45-16-103. Usage fees on foreign access cards.

A financial institution may impose and collect a usage fee on a foreign access card; provided, that the usage fee may only be charged if the imposition of the fee is disclosed at a time and in a manner that allows the user to terminate or cancel the transaction without incurring the usage fee.

[Acts 1996, ch. 899, § 1.]  

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