(1) If the operator of an ATM charges a fee to any person to use the ATM, the operator shall disclose to persons using the ATM that a fee will be imposed for the ATM transaction.
(2) Subject to subsection (3) of this section, the disclosure required under subsection (1) of this section shall be made electronically during the ATM transaction and shall allow the person who will be charged a fee to cancel the ATM transaction without incurring a fee. The disclosure shall also be printed on the ATM transaction receipt.
(3) The Director of the Department of Consumer and Business Services may adopt rules conforming the disclosure requirements of subsection (2) of this section to disclosure requirements contained in:
(a) Any law enacted by the Congress of the United States; or
(b) Any regulation adopted by any federal agency having regulatory authority over ATMs. [1997 c.631 §310b]Section: Previous 714.135 714.140 714.150 714.160 714.170 714.180 714.200 714.205 714.210 714.220 714.230 714.240 714.250 714.260 714.270 Next
Last modified: August 7, 2008