South Dakota Statutes

§ 51A-8-1 — "Remote service unit" defined.

South Dakota·Title 51A BANKS AND BANKING·Ch. 51A-8 REMOTE SERVICE BANKING
The term, remote service unit, as used in this chapter means an automated teller machine or ATM which is a manned or unmanned device located separate and apart from a bank or branch bank through or by means of which information relating to banking services rendered to the public is electronically stored and transmitted, whether instantaneously or otherwise, to a bank and which provides for cash withdrawals and the depositing of funds.

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Legislative History

SL 1976, ch 305, § 1; SL 1988, ch 377, § 129; SDCL, § 51-20A-1; SL 1996, ch 282, § 1.

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