32 §6154. Required disclosures to customers
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)
§6154. Required disclosures to customers
1. Disclosure of pertinent information. An operator shall clearly and conspicuously disclose on a sign posted on the cash-dispensing machine or in clear view of a customer viewing the cash-dispensing machine:
A. The name of the operator; [1999, c. 229, §2 (NEW).]
B. A disclaimer indicating that the operator is not a financial institution or a credit union; [1999, c. 229, §2 (NEW).]
C. The name, address and 24-hour toll-free telephone number where a customer may direct inquiries or complaints; [RR 1999, c. 1, §45 (COR).]
D. A statement that the Bureau of Consumer Credit Protection is responsible for the operator's compliance with state law and the address and telephone number of the bureau; and [1999, c. 229, §2 (NEW); 2007, c. 273, Pt. B, §5 (REV); 2007, c. 695, Pt. A, §47 (AFF).]
E. That a fee may be assessed by the operator. [1999, c. 229, §2 (NEW).]
[ RR 1999, c. 1, §45 (COR); 2007, c. 273, Pt. B, §5 (REV); 2007, c. 695, Pt. A, §47 (AFF) .]
2. Fees imposed. Any operator may not charge a fee for use of a cash-dispensing machine unless the amount of the fee is clearly and conspicuously disclosed electronically during the course of the transaction in a manner that permits the customer to cancel the transaction without incurring the fee.
[ 1999, c. 229, §2 (NEW) .]
3. Receipt for transaction. A cash-dispensing machine must provide a receipt for the transaction that must include the following information in a clear and conspicuous manner:
A. The amount of the transaction; [1999, c. 229, §2 (NEW).]
B. The amount of any fee imposed by the operator; [1999, c. 229, §2 (NEW).]
C. The total amount debited to the customer's account, including any fee imposed by the operator; [1999, c. 229, §2 (NEW).]
D. The date and time of the transaction; [1999, c. 229, §2 (NEW).]
E. A number or code that identifies the customer and the account accessed; and [1999, c. 229, §2 (NEW).]
F. The location of the cash-dispensing machine. [1999, c. 229, §2 (NEW).]
[ 1999, c. 229, §2 (NEW) .]
SECTION HISTORY
RR 1999, c. 1, §45 (COR). 1999, c. 229, §2 (NEW). 2007, c. 273, Pt. B, §5 (REV). 2007, c. 273, Pt. B, §7 (AFF). 2007, c. 695, Pt. A, §47 (AFF).