2013 New York Consolidated Laws
GBS - General Business
Article 26 - (390 - 399-ZZZ) MISCELLANEOUS
399-Y*2 - Automated teller machine fee disclosure.


NY Gen Bus L § 399-Y*2 (2012) What's This?
 
    * §  399-y.  Automated  teller  machine  fee  disclosure.  1.  For the
  purposes of this section, "automated teller machine operator" shall mean
  any person who: (a)  operates  an  automated  teller  machine  at  which
  consumers  may make financial transactions, including but not limited to
  deposits, withdrawals, balance inquiries, and loan payments; and (b)  is
  not  the  financial  institution which holds the account accessed by the
  consumer to make the financial transaction.
    2. No automated teller machine  operator  shall  impose  a  fee  on  a
  consumer  using  such machine, unless such operator: (a) provides notice
  as required by subdivision three of this section; and (b)  the  consumer
  elects  to  continue  to  effect a financial transaction after receiving
  such notice.
    3. The automated teller machine operator shall provide notice  on  the
  screen  of  the  automated teller machine or on a paper issued from such
  machine after the financial transaction is  initiated,  but  before  the
  consumer  is  irrevocably  committed to completing the transaction. Such
  notice shall clearly state: (i) that a fee is imposed  for  the  use  of
  such  machine;  (ii) the amount of such fee; and (iii) that the consumer
  may cancel such transaction without being assessed a fee.
    4. (a) Any automated teller machine operator who fails to comply  with
  the  requirements  of this section shall be assessed a civil penalty not
  to exceed two hundred fifty dollars per transaction.
    (b) If the notice required  pursuant  to  subdivision  three  of  this
  section  has  been  provided by an automated teller machine operator and
  such notice is subsequently removed, damaged, or altered by  any  person
  other  than  such  operator,  the operator shall have no liability for a
  failure to comply with subdivision three of this section.
    * NB There are 2 § 399-y's

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.