The following words and terms, when used in this subchapter,
shall have the following meanings, unless the context clearly indicates
otherwise:
"Automated teller machine" means an automated facility or
terminal owned or rented by a bank, savings bank or savings and loan
association at which a customer may do one or more of the following:
1. Make deposits;
2. Obtain disbursements from a deposit or
loan account; or
3. Transfer money
from a deposit or loan account.
Included within this definition is a communication terminal
facility as defined in
N.J.S.A. 17:9A-1(17), and
a remote service unit as defined in
N.J.S.A. 17:12B-8(e).
"Bank," "savings bank," "savings and loan association" and
"credit union" means State chartered institutions having a branch office or
branch offices in New Jersey, unless otherwise indicated.
"Foreign financial institution" means a State or Federally
chartered bank, savings bank, savings and loan association or credit union
which has no principal or branch offices in this State.
"Sharing access" means the ability of financial institutions,
other than the institution owning or renting the automated teller machine, to
allow their customers to use the machine to consummate transactions, make
deposits, initiate inquiries or otherwise conduct business with such financial
institutions.
Notes
N.J. Admin.
Code §
3:1-17.1
Amended by R.1996 d.483,
effective 10/7/1996.
See: 28 New Jersey Register 2661(a), 28 New Jersey Register
4417(b).
Amended by R.2001 d.112, effective
4/2/2001.
See: 33
New Jersey Register 213(a), 33 New Jersey Register 1087(a).
In
"Automated teller machine", substituted "facility" for "branch office" in the
closing paragraph.
