TITLE 26

BANKS AND BANKING

CHAPTER 4

BANK SERVICE CORPORATIONS

26-405.  Prohibited activities. No bank service corporation may engage in any revenue producing activity other than the performance of bank services for banks and, to an extent not exceeding one-half (1/2) of its total activity, the performance of similar services for persons or organizations other than banks.

History:

[26-405, added 1979, ch. 41, sec. 2, p. 81.]