Code of Virginia - Title 6.1 Banking And Finance - Section 6.1-194.30 Home financial services

§ 6.1-194.30. Home financial services

A state association may utilize any electronic technology to provide its customers with home financial services. Any such services provided under this section are subject to the Electronic Funds Transfer Act (15 U.S.C. § 1693 et seq.) and Regulation E of the Federal Reserve Board. As used in this section, the term "home financial services" means the transfer of funds or financial information, or the performance of other transactions initiated by the customer by means of an electronic terminal located in such customer's residence, such as a telephone, a computer terminal or a television set that is linked to an association's computer by telephone or cable television lines.

(1985, c. 425.)

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Last modified: April 2, 2009