Texas Finance Code - Section 59.302. Exception For Certain Unmanned Teller Machines
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Texas Lawyer > Finance Code > Texas Finance Code - Section 59.302. Exception For Certain Unmanned Teller Machines
§ 59.302. EXCEPTION FOR CERTAIN UNMANNED TELLER
MACHINES. This subchapter does not apply to an unmanned teller
machine:
(1) by which:
(A) a customer of a financial institution can
authorize and effect the electronic transfer of money from the
customer's account at the financial institution to a merchant's
account at a financial institution in the county or municipality in
which the terminal is located to obtain cash or to purchase, rent,
or pay for goods or services; and
(B) the merchant can ascertain that the
transaction has been completed and the money has been or will be
transferred to the merchant's account at the merchant's financial
institution in the county or municipality in which the terminal is
located; or
(2) located:
(A) inside a building:
(i) unless the building is a freestanding
installation existing solely to provide an enclosure for the
machine; or
(ii) except to the extent a transaction can
be conducted from outside the building; or
(B) in an area not controlled by the owner or
operator of the machine.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 59.107 59.108 59.109 59.110 59.201 59.202 59.301 59.302 59.303 59.304 59.305 59.306 59.307 59.308 59.309
Last modified: August 10, 2007
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