1. The Laws of New York
  2. Consolidated Laws
  3. General Business
  4. Article 26: Miscellaneous


Section 399-Y-1 Automated teller machines transaction denial; fees prohibited

General Business (GBS)

Automated teller machines transaction denial; fees prohibited. 1. For the purposes of this section, the following terms shall have the following meanings:

  a. "automated teller machine operator" shall mean any person who operates an automated teller machine at which consumers may make financial transactions, including, but not limited to, deposits, withdrawals, balance inquiries, and loan payments; and

  b. "automated teller machine" shall mean a device which is linked to the accounts and records of a banking institution and which enables consumers to make financial transactions, including, but not limited to, deposits, withdrawals, balance inquiries, and loan payments.

  2. No automated teller machine operator or banking institution shall impose a fee on a consumer using such machine for any transaction which is for any reason denied or terminated in a manner that prevents such consumer from completing such transaction.

  3. Any automated teller machine operator or banking institution who fails to comply with the requirements of this section shall be assessed a civil penalty not to exceed two hundred fifty dollars per transaction.