NRS 660.045

As used in NRS 660.045 to 660.105, inclusive, unless the context otherwise requires:


“Electronic terminal” means an electronic device, other than a telephone operated by a customer, through which a customer may initiate an electronic transfer of money. The term includes, but is not limited to, mechanical tellers.


“Electronic transfer of money” means any transfer of money, other than a transaction initiated by a check, draft or other similar instrument, that is initiated through an electronic terminal, telephone, computer or magnetic tape for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account.


“Financial institution” means a bank, savings and loan association, savings bank, thrift company or credit union regulated pursuant to this title.


“Mechanical teller” means an electronic terminal used by a financial institution to effectuate transactions solely between itself and its customers. The term does not include any device used solely to guarantee the payment of a check or to authorize or verify the issuance of a check.

Source: Section 660.045 — Definitions., https://www.­leg.­state.­nv.­us/NRS/NRS-660.­html#NRS660Sec045.

Last Updated

Jun. 24, 2021

§ 660.045’s source at nv​.us