State Codes and Statutes

Statutes > Connecticut > Title36a > Chap664c > Sec36a-170

      Sec. 36a-170. (Formerly Sec. 36-9ff). Home banking services. Automated teller machine, satellite device, branch or office not deemed a home banking terminal. (a) As used in this section, "home banking services" means the electronic transfer of funds or information, or the performance of other permissible banking services or transactions for a customer by means of a home banking terminal; and "home banking terminal" means any electronic home or office terminal, including, but not limited to, a computer terminal, television, telephone, facsimile machine or other electronic device, that is not accessible to the public and does not accept deposits.

      (b) Any bank or out-of-state bank, and any Connecticut credit union or federal credit union may provide home banking services to customers.

      (c) Any electronic transfer of funds by means of a home banking terminal authorized under this section shall be subject to the Electronic Fund Transfer Act, 15 USC Section 1693, et seq., as from time to time amended, and Regulation E of the Federal Reserve Board, 12 CFR Part 205, as from time to time amended.

      (d) Home banking terminals are not automated teller machines, satellite devices, branches or offices for any purpose under this title.

      (P.A. 90-223, S. 1, 2; P.A. 94-122, S. 73, 340.)

      History: P.A. 94-122 made technical changes, effective January 1, 1995; Sec. 36-9ff transferred to Sec. 36a-170 in 1995.