2006 Utah Code - 7-16a-202 — Powers of depository institutions operating automated teller machines -- Fees or surcharges.

     7-16a-202.   Powers of depository institutions operating automated teller machines -- Fees or surcharges.
     (1) An operator may:
     (a) make an automated teller machine available for use by customers of one or more issuers;
     (b) connect the automated teller machine with an electronic consumer funds transfer system connecting one or more depository institutions to one or more automated teller machines; and
     (c) impose a transaction fee for the use of the automated teller machine, if the imposition of the fee is disclosed at a time and in a manner that allows a user to terminate or cancel the transaction without incurring the transaction fee.
     (2) Except for the dispensing of currency or coin or accepting deposits or payments, any service provided by an operator to a customer at the automated teller machine is not governed by this chapter.
     (3) The transaction fee permitted in Subsection (1)(c) may be in addition to any other charges imposed by any of the following entities involved in the transaction:
     (a) an electronic consumer funds transfer system;
     (b) a depository institution; or
     (c) an issuer.
     (4) Any of the following entities may charge any or all customers any transaction fee allowed or not prohibited by state or federal law:
     (a) a depository institution;
     (b) an owner;
     (c) an operator;
     (d) an issuer; or
     (e) an electronic consumer funds transfer system.
     (5) A transaction fee allowed under this section includes a fee or surcharge to a customer conducting a transaction using an account from a depository institution that is located outside of the United States.

Amended by Chapter 327, 2006 General Session

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