(a) Any out-of-state bank may establish, maintain, and operate a customer-bank communication terminal anywhere in this state.(b)(1) Out-of-state state-chartered banks other than registered out-of-state banks shall file the notice set forth in § 23-48-803 with the Bank Commissioner.(2) Registered out-of-state banks shall satisfy all filing requirements under the regulations of their home state regulator concerning the establishment, maintenance, and operations of out-of-state customer-bank communication terminals.(c) Nothing in this section shall limit, restrict, or prohibit any Federal Reserve Bank or branch thereof from operating any electronic funds transfer system in this state.Acts 1997, No. 89, § 1; 1997, No. 408, § 18. (a) Any out-of-state bank may establish, maintain, and operate a customer-bank communication terminal anywhere in this state.(b)(1) Out-of-state state-chartered banks other than registered out-of-state banks shall file the notice set forth in § 23-48-803 with the Bank Commissioner.(2) Registered out-of-state banks shall satisfy all filing requirements under the regulations of their home state regulator concerning the establishment, maintenance, and operations of out-of-state customer-bank communication terminals.(c) Nothing in this section shall limit, restrict, or prohibit any Federal Reserve Bank or branch thereof from operating any electronic funds transfer system in this state.Acts 1997, No. 89, § 1; 1997, No. 408, § 18.
Arkansas Legal Code