32 §6152. Establishment of cash-dispensing machines; limitations
Title 32: PROFESSIONS AND OCCUPATIONS
Chapter 80: MONEY TRANSMITTERS AND CHECK CASHERS HEADING: PL 1997, C. 155, PT. A, §2 (NEW)
Subchapter 3: CASH-DISPENSING MACHINES ESTABLISHED BY NONBANKS HEADING: PL 1999, C. 229, §2 (NEW)
§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.
[ 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 [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. [1999, c. 229, §2 (NEW).]
[ 1999, c. 229, §2 (NEW) .]
SECTION HISTORY
1999, c. 229, §2 (NEW).