Establishment of cash-dispensing machines; limitations

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§6152. Establishment of cash-dispensing machines; limitations

1.  Cash-dispensing machines.  A person may not establish or operate a cash-dispensing machine unless that person has first complied with the provisions of this subchapter.  

[PL 1999, c. 229, §2 (NEW).]

2.  Limitations.  A cash-dispensing machine:  

A. May not accept deposits or loan payments or effectuate account transfers other than those transfers between the customer's accounts in the same financial institution; and   [PL 1999, c. 229, §2 (NEW).]

B. Must be operated in such a way as to comply with the Electronic Funds Transfer Act, 15 United States Code, Section 1693 et seq. or regulations adopted under that Act.   [PL 1999, c. 229, §2 (NEW).]

[PL 1999, c. 229, §2 (NEW).]

SECTION HISTORY

PL 1999, c. 229, §2 (NEW).


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