Texas Finance Code

§ 59.302 — EXCEPTION FOR CERTAIN UNMANNED TELLER MACHINES

FI § 59.302Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part A. BANKS · Ch. 59. MISCELLANEOUS PROVISIONS · Art. D. SAFETY AT UNMANNED TELLER MACHINES

Statute text

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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:

…

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.