§ 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.
§ 45-16-104. Rules and Regulations
The commissioner of financial institutions is authorized to promulgate rules and regulations to effectuate the purposes of this chapter.
§ 45-16-101. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Electronic terminal” means an electronic device through which a person may initiate an electronic fund transfer to access the person’s deposit, share, or other accounts or credit facility, and includes, but is not limited to, automated teller machines, cash dispensing machines, point of sale terminals, […]
§ 45-16-102. Usage Fees Authorized
An agreement to share electronic terminals or participate in a shared electronic network shall not prohibit, limit, or restrict the right of a financial institution to charge a usage fee for use of its electronic terminals, require a financial institution to limit or waive its rights or obligations under this section, or require the financial […]