New Hampshire Revised Statutes 399-F:2 – Establishment of Cash Dispensing Machines
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I. No person shall establish a cash dispensing machine unless it:
(a) Does not accept deposits, loan payments, or effectuate account transfers;
(b) Is not operated in such a way as to violate the Electronic Funds Transfer Act, 15 U.S.C. § 1693 et seq. or regulations promulgated thereunder; and
(c) Is in complete and accurate compliance with the provisions of N.H. Rev. Stat. § 399-F:3.
II. Paragraph I shall not apply to and this chapter shall not govern any cash dispensing machine or similar electronic device established by a bank or credit union.
(a) Does not accept deposits, loan payments, or effectuate account transfers;
Terms Used In New Hampshire Revised Statutes 399-F:2
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
(b) Is not operated in such a way as to violate the Electronic Funds Transfer Act, 15 U.S.C. § 1693 et seq. or regulations promulgated thereunder; and
(c) Is in complete and accurate compliance with the provisions of N.H. Rev. Stat. § 399-F:3.
II. Paragraph I shall not apply to and this chapter shall not govern any cash dispensing machine or similar electronic device established by a bank or credit union.