senate Bill S3780A

2011-2012 Legislative Session

Relates to the operation of automated teller machines by entities other than banking institutions

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Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 19, 2012 print number 3780a
amend and recommit to banks
Jan 04, 2012 referred to banks
Mar 03, 2011 referred to banks

S3780 - Details

Law Section:
Banking Law
Laws Affected:
Add Art 14-A §§800 - 810, amd §§22, 39 & 44, Bank L
Versions Introduced in 2009-2010 Legislative Session:
S4979

S3780 - Summary

Regulates the operation of automated teller machines by entities other than banking institutions; requires the registration of such machines, the examination of books, accounts and records, investigations, and also provides violations and penalties relating to the operation of such machines.

S3780 - Sponsor Memo

S3780 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3780

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              March 3, 2011
                               ___________

Introduced  by  Sen.  SMITH  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Banks

AN ACT to amend the banking law, in relation to the operation  of  auto-
  mated teller machines by entities other than banking institutions

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The banking law is amended by adding a new article 14-A  to
read as follows:
                              ARTICLE XIV-A
       REGISTERED AUTOMATED TELLER MACHINE OPERATORS AND NETWORKS
SECTION 800. DEFINITIONS.
        801. REGISTRATION REQUIRED.
        802. REGISTRATION OF NETWORKS.
        803. APPLICATION  TO REGISTER AS AN OPERATOR OF AUTOMATED TELLER
               MACHINES.
        804. CHANGES OF CONTROL.
        805. EXAMINATION  OF  BOOKS,  ACCOUNTS,  AND  RECORDS;  INVESTI-
               GATIONS.
        806. VIOLATIONS AND PENALTIES.
        807. SUSPENSION OR REVOCATION OF REGISTRATION.
        808. REQUIRED DISCLOSURES TO CUSTOMERS.
        809. RULES AND REGULATIONS.
        810. SEVERABILITY.
  S 800. DEFINITIONS. AS USED IN THIS ARTICLE, UNLESS THE CONTEXT OTHER-
WISE INDICATES, THE FOLLOWING TERMS HAVE THE FOLLOWING MEANINGS:
  1.  "BANKING  INSTITUTION" SHALL MEAN ANY BANK, TRUST COMPANY, SAVINGS
BANK, SAVINGS ASSOCIATION, SAVINGS AND LOAN ASSOCIATION, CREDIT UNION OR
FOREIGN BANKING CORPORATION  LICENSED,  CHARTERED,  OR  INCORPORATED  OR
OTHERWISE FORMED PURSUANT TO FEDERAL OR ANY STATE LAW.
  2. "AUTOMATED TELLER MACHINE" SHALL MEAN AN ELECTRONIC DEVICE OPERATED
BY A PERSON WHICH, IN CONJUNCTION WITH A PROCESSOR AND NETWORK, ALLOWS A

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09851-01-1

S3780A (ACTIVE) - Details

Law Section:
Banking Law
Laws Affected:
Add Art 14-A §§800 - 810, amd §§22, 39 & 44, Bank L
Versions Introduced in 2009-2010 Legislative Session:
S4979

S3780A (ACTIVE) - Summary

Regulates the operation of automated teller machines by entities other than banking institutions; requires the registration of such machines, the examination of books, accounts and records, investigations, and also provides violations and penalties relating to the operation of such machines.

S3780A (ACTIVE) - Sponsor Memo

S3780A (ACTIVE) - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 3780--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              March 3, 2011
                               ___________

Introduced  by  Sen.  SMITH  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Banks  --  recommitted  to
  the  Committee  on  Banks  in accordance with Senate Rule 6, sec. 8 --
  committee discharged, bill amended, ordered reprinted as  amended  and
  recommitted to said committee

AN  ACT  to amend the banking law, in relation to the operation of auto-
  mated teller machines by entities other than banking institutions

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. The banking law is amended by adding a new article 14-A to
read as follows:
                              ARTICLE XIV-A
       REGISTERED AUTOMATED TELLER MACHINE OPERATORS AND NETWORKS
SECTION 800. DEFINITIONS.
        801. REGISTRATION REQUIRED.
        802. REGISTRATION OF NETWORKS.
        803. APPLICATION TO REGISTER AS AN OPERATOR OF AUTOMATED  TELLER
               MACHINES.
        804. CHANGES OF CONTROL.
        805. EXAMINATION  OF  BOOKS,  ACCOUNTS,  AND  RECORDS;  INVESTI-
               GATIONS.
        806. VIOLATIONS AND PENALTIES.
        807. SUSPENSION OR REVOCATION OF REGISTRATION.
        808. REQUIRED DISCLOSURES TO CUSTOMERS.
        809. RULES AND REGULATIONS.
        810. SEVERABILITY.
  S 800. DEFINITIONS. AS USED IN THIS ARTICLE, UNLESS THE CONTEXT OTHER-
WISE INDICATES, THE FOLLOWING TERMS HAVE THE FOLLOWING MEANINGS:
  1. "BANKING INSTITUTION" SHALL MEAN ANY BANK, TRUST  COMPANY,  SAVINGS
BANK, SAVINGS ASSOCIATION, SAVINGS AND LOAN ASSOCIATION, CREDIT UNION OR

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09851-02-2

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