PROHIBITED ACTIVITIES.

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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.]


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