Texas Finance Code

§ 59.202 — USER FEE FOR SHARED ELECTRONIC TERMINAL

FI § 59.202Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part A. BANKS · Ch. 59. MISCELLANEOUS PROVISIONS · Art. C. ELECTRONIC TERMINALS

Statute text

View on source

(a)The owner of an electronic terminal that is located in this state and that is connected to a shared network may impose a fee for the use of that terminal if imposition of the fee is disclosed at a time and in a manner that allows a user to avoid the transaction without incurring the transaction fee.

(b)An agreement to share an electronic terminal may not:

(1)limit the right of the owner of an electronic terminal to charge a fee described by Subsection (a) as allowed by the law of this state or the United States;

(2)require the owner to limit or waive its rights or obligations under this section; or

(3)otherwise discriminate in any manner against the owner as a result of the owner's charging of a fee authorized under this section.

(c)In this section:

…

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 344, Sec. 2.018, eff. Sept. 1, 1999.