LD 1991
pg. 2
Page 1 of 7 An Act to Protect Customers of Nonbank Cash-dispensing Machines Page 3 of 7
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LR 1011
Item 1

 
by a financial institution or service corporation or a consumer-
owned and consumer-operated personal computer terminal.

 
3.__Establish.__"Establish" means to own, lease or otherwise
legally control.

 
4.__Financial institution.__"Financial institution" means any
financial institution as defined in Title 9-B, section 131,
subsection 17; any credit union as defined in Title 9-B, section
131, section 131, subsection 12; or any bank, commercial bank,
savings bank, trust company, building and loan association,
savings and loan association, savings association, cooperative
bank, credit union or similar banking or credit union
organization chartered by any other state or by the Federal
Government.

 
5.__Network.__"Network" means a person who engages primarily
in the establishment and maintenance of a computer-operated
system for transmitting items and messages between financial
institutions, processors and cash-dispensing machines or similar
electronic devices.

 
6.__Operator.__"Operator" means the person who owns, leases or
otherwise legally controls a cash-dispensing machine and is
responsible for registering the cash-dispensing machine.

 
7.__Person.__"Person" means an individual, partnership,
corporation or other business association recognized under state
law.

 
8.__Processor.__"Processor" means a person who electronically
acquires financial data emanating from a cash-dispensing machine
and relays that data to a network.

 
9.__Satellite facility.__"Satellite facility" means a
satellite facility as defined in Title 9-B, section 131,
subsection 35.

 
10.__Service corporation.__"Service corporation" means a
service corporation, as defined in Title 9-B, section 131,
subsection 37, owned by one or more financial institutions.

 
11.__Servicing agent.__"Servicing agent" means a person who
contracts with an operator to provide customer relations,
financial recordkeeping or similar services in regard to a cash-
dispensing machine.

 
§6152.__Establishment of cash-dispensing machines; limitations


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