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Statute 660 045 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 660 045

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As used in NRS 660.045 to 660.105, inclusive, unless the context otherwise requires: 1. '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. 2. '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. 3. 'Financial institution' means a bank, savings and loan association, savings bank, thrift company or credit union regulated pursuant to this title. 4. '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. (Added to NRS by 1985, 983; A 1989, 712)