23 CAR § 320-406. Computer services by bank or operating subsidy

Any state bank, with the approval of the Bank Commissioner, and so long as national banks are so authorized, may furnish computer, data processing, item processing, billing, and posting services through its own organization or an operating subsidiary pursuant to Arkansas Code § 23-47-601 (and without the necessity of becoming a stockholder of a bank service company) to: (1) Other banks; and (2) Nonbanking customers who are its depositors.