Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 193
Limitation upon business which may be transacted at public accommodation office
Banking (BNK) CHAPTER 2, ARTICLE 4-A
§ 193. Limitation upon business which may be transacted at public
accommodation office. No business other than that actually and
necessarily involved in connection with the performance of one or more
of the functions enumerated in this section shall be transacted at any
public accommodation office:

(a) the receipt of deposits of money, currency, checks and other
similar items;

(b) the payment of withdrawals;

(c) the cashing of checks, drafts and other similar items;

(d) the receipt of moneys due to the banking institution;

(e) the issuance of cashier's checks, treasurer's checks, money orders
and other similar items; and

(f) the disbursement of funds pursuant to an existing loan agreement
or extension of credit which provides for advances to or for the account
of the borrower, by means of honoring one or more checks or other
written orders or by use of a credit card or other similar arrangement.

Nothing contained in this section shall be construed to authorize the
performance of any function or the rendition of any service in any
public accommodation office which such banking institution is not
otherwise authorized to engage in by other provisions of this chapter or
other law.