Sec. 36a-159. (Formerly Sec. 36-193h). Transactions at point of sale terminals. Changes in transactions permitted.
Sec. 36a-159. (Formerly Sec. 36-193h). Transactions at point of sale terminals.
Changes in transactions permitted. At such time as national banking associations
having their main offices in this state are permitted to establish and use point of sale
terminals, or other functionally equivalent devices, for transactions not permitted to be
conducted at point of sale terminals, all banks, Connecticut credit unions and federal
credit unions shall have the same powers permitted national banking associations with
respect to the use of point of sale terminals or other functionally equivalent devices,
provided the commissioner authorizes such use.
(P.A. 75-373, S. 8, 9; P.A. 77-614, S. 161, 610; P.A. 87-9, S. 2, 3; P.A. 94-122, S. 72, 340.)
History: P.A. 77-614 replaced bank commissioner with banking commissioner, effective January 1, 1979; (Revisor's
note: Pursuant to P.A. 87-9 "banking commissioner" was changed editorially by the Revisors to "commissioner of banking"); P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-193h transferred to Sec. 36a-159 in 1995.