17-5568. Same; security measures as a condition for operation.
17-5568
17-5568. Same; security measures as a condition for operation.
A savings and loan association shall take all steps necessary to protect
the association's interest in the financial transactions processed at
each remote service unit, including the installation, maintenance and
operation of one or more appropriate security devices and the
acquisition of available fidelity, forgery and other appropriate
insurance. Appropriate security devices as a condition for operation of
a remote service unit, where the remote service unit is unmanned, shall
include, but not be limited to: a lighting system for illuminating such
unit during hours of darkness; tamper-resistant locks on the exterior
unit; an alarm system or other appropriate device for promptly notifying
the nearest responsible law enforcement officers of an attempted or
perpetrated robbery or burglary; security provisions that will not allow
the data communications linkage to be vulnerable to a wire tap or
intervention from a foreign source; and such other devices as the
security officer for the savings and loan association shall, after
seeking the advice of law enforcement officers, determine to be
appropriate for discouraging robbery, burglary or larceny and for
assisting in the identification and apprehension of persons attempting
such acts. Security devices as a condition of operation of a manned
remote service unit shall include, but not be limited to: security
provisions that will not allow the data communications linkage to be
vulnerable to a wire tap or intervention from a foreign source and such
other devices as the security officer for the savings and loan
association shall, after seeking the advice of law enforcement officers,
determine to be appropriate for discouraging robbery, burglary or
larceny and for assisting in the identification and apprehension of
persons attempting such acts.
History: L. 1975, ch. 128, § 5; July 1.