New Hampshire Revised Statutes 399-F:1 – Definitions
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In this chapter:
I. “Bank” means a bank as defined in N.H. Rev. Stat. § 383-A:2-201(a)(3).
I-a. “Credit union” means a credit union as defined in N.H. Rev. Stat. § 383-A:2-201(a)(15).
II. “Cash dispensing machine”:
(a) Means an electronic device that, operating in conjunction with a processor and network, allows a consumer to debit an account in exchange for dispensing cash.
(b) Does not mean a point-of-sale device that is used in the purchase of goods or services to capture data electronically in order to debit or credit a customer’s asset account.
III. “Commissioner” means the New Hampshire bank commissioner appointed under the provisions of N.H. Rev. Stat. § 383:1.
IV. “Establish” means to own, lease, or otherwise legally control.
V. “Network” means a person who engages primarily in the establishment and maintenance of a computer-operated system of transmitting items and messages between banks, processors, and cash dispensing machines or similar electronic devices.
VI. “Operator” means the person who owns, leases, or otherwise legally controls a cash dispensing machine.
VII. “Person” means any natural person, partnership, corporation, or other business association recognized under New Hampshire law.
VIII. “Processor” means a person who electronically acquires financial data emanating from a cash dispensing machine and relays such data to a network.
IX. “Servicing agent” means a person who contracts with an operator to provide consumer relations, financial recordkeeping, or similar services in regard to a cash dispensing machine.
I. “Bank” means a bank as defined in N.H. Rev. Stat. § 383-A:2-201(a)(3).
Terms Used In New Hampshire Revised Statutes 399-F:1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
I-a. “Credit union” means a credit union as defined in N.H. Rev. Stat. § 383-A:2-201(a)(15).
II. “Cash dispensing machine”:
(a) Means an electronic device that, operating in conjunction with a processor and network, allows a consumer to debit an account in exchange for dispensing cash.
(b) Does not mean a point-of-sale device that is used in the purchase of goods or services to capture data electronically in order to debit or credit a customer’s asset account.
III. “Commissioner” means the New Hampshire bank commissioner appointed under the provisions of N.H. Rev. Stat. § 383:1.
IV. “Establish” means to own, lease, or otherwise legally control.
V. “Network” means a person who engages primarily in the establishment and maintenance of a computer-operated system of transmitting items and messages between banks, processors, and cash dispensing machines or similar electronic devices.
VI. “Operator” means the person who owns, leases, or otherwise legally controls a cash dispensing machine.
VII. “Person” means any natural person, partnership, corporation, or other business association recognized under New Hampshire law.
VIII. “Processor” means a person who electronically acquires financial data emanating from a cash dispensing machine and relays such data to a network.
IX. “Servicing agent” means a person who contracts with an operator to provide consumer relations, financial recordkeeping, or similar services in regard to a cash dispensing machine.