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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 660.045. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-660-045/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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