00 HOUSE BILL NO. 44
01 "An Act relating to fees for using an automated teller machine; and providing for an
02 effective date."
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
04 * Section 1. AS 06 is amended by adding a new chapter to read:
05 Chapter 90. Miscellaneous Provisions.
06 Sec. 06.90.010. Automated teller machine fee. Unless a fee is otherwise
07 prohibited by or conflicts with federal law, a person that owns an automated teller
08 machine may charge a fee for the use of the automated teller machine to conduct a
09 transaction accessing an account from an international financial institution. In this
11 (1) "automated teller machine" means an electronic device that
12 dispenses cash in connection with a credit, deposit, or checking account at an
13 international financial institution;
14 (2) "international financial institution" means a person that is
01 organized and licensed under the laws of a foreign country to engage in a banking
02 business; in this paragraph, "banking business" means a business that offers deposit
03 accounts, makes loans, and conducts other financial transactions.
04 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).