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OH HB212
Bill
Status
4/18/2019
Primary Sponsor
Thomas Patton
Click for details
AI Summary
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The superintendent of financial institutions shall adopt rules in accordance with Chapter 119 of the Revised Code to regulate nonbank automated teller machines.
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Automated teller machines must be secured to the floor with at least four bolts, each measuring three to four inches long.
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Rules shall regulate the servicing of automated teller machines, including cash replenishment frequency, with preference given to more frequent servicing with smaller amounts of cash.
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"Automated teller machine" is defined as an automated, unstaffed banking facility owned or operated by a financial institution that is located at a nonbank location, including convenience stores.
Legislative Description
Regulate nonbank automated teller machines
Commerce
Last Action
Refer to Committee: Financial Institutions
4/30/2019