House Bill No. 6508 House Bill No. 6508 PUBLIC ACT NO. 97-157 AN ACT CONCERNING SATELLITE DEVICES. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Subsection (d) of section 36a-65 of the general statutes is repealed and the following is substituted in lieu thereof: (d) (1) The fee for investigating and processing each application is as follows: (A) Establishment of a branch or limited branch, sale of a branch or relocation of a main office of a Connecticut bank, two thousand dollars, except in the case of a conversion from a branch to a limited branch and a limited branch to a branch, a reasonable fee not to exceed two thousand dollars. (B) Relocation of a branch, one thousand five hundred dollars. [(C) Establishment and use of a satellite device, one hundred fifty dollars.] [(D)] (C) Merger, consolidation or acquisition under section 36a-125 or 36a-181, or purchase of assets or assumption of liabilities, other than by a Connecticut credit union or federal credit union, under section 36a-210, two thousand five hundred dollars if two institutions are involved and five thousand dollars if three or more institutions are involved. [(E)] (D) Organization of a Connecticut bank, fifteen thousand dollars, except in the case of an interim bank, two thousand dollars. [(F)] (E) Reorganization of a mutual savings institution into a mutual holding company, five thousand dollars. [(G)] (F) Conversions under sections 36a-135 to 36a-138, inclusive, five thousand dollars. (2) The fee for investigating and processing each acquisition statement filed under section 36a-184, two thousand five hundred dollars. (3) The fee for processing a notice of closing of a branch or limited branch, a reasonable fee not to exceed two thousand dollars. (4) The fee for miscellaneous investigations, one hundred dollars per day. Sec. 2. Section 36a-155 of the general statutes is repealed and the following is substituted in lieu thereof: (a) One or more banks, Connecticut credit unions or federal credit unions may establish, and use on a transaction fee basis, automated teller machines that are not satellite devices within this state, and use on a transaction fee basis automated teller machines that are not satellite devices located within this state or established outside this state. One or more banks, Connecticut credit unions or federal credit unions may establish satellite devices within this state [with the approval of the commissioner for each location] and one or more banks, Connecticut credit unions or federal credit unions may use on a transaction fee basis satellite devices located within this state or established outside this state. [In reviewing an application to establish a satellite device, the commissioner may consider the convenience and necessity to the public.] Any bank, Connecticut credit union or federal credit union may establish and use point of sale terminals. Nothing in this chapter shall prohibit the establishment or use of a point of sale terminal located within this state by a commercial establishment located within this state. (b) The commissioner may adopt such regulations in accordance with the provisions of chapter 54 as may be necessary to carry out the purpose of sections 36a-155 to 36a-159, inclusive, and section 36a-170. Such regulations may include, but shall not be limited to: (1) Requirements for the filing of information with the commissioner by any financial institution, network or processor in connection with (A) the establishment or use of automated teller machines, point of sale terminals or similar retail electronic banking facilities in this state, (B) the provision of home banking services in this state, and (C) the provision of network or processing services in this state; (2) provisions concerning services that may be provided at automated teller machines, point of sale terminals or similar retail electronic banking facilities located in this state, or by means of home banking terminals located in this state, including services that may be offered on a proprietary basis; AND (3) provisions concerning the safety of persons using automated teller machines or similar retail electronic banking facilities. [; and (4) the establishment of fees for investigation of applications to establish satellite devices pursuant to subdivision (1) of subsection (d) of section 36a-65.] As used in this subsection, "financial institution" means any bank, Connecticut credit union, federal credit union, out-of-state bank or out-of-state credit union authorized under Connecticut or federal law to accept deposits within this state, or any other person having a place of business in this state who holds an account belonging to a consumer and who agrees with the consumer to provide electronic fund transfer services subject to the provisions of 12 CFR Part 205, as from time to time amended, at automated teller machines, point of sale terminals or similar retail electronic banking facilities in this state; "account" means a demand deposit, savings deposit, share, member or other consumer asset account, held either directly or indirectly, and established primarily for personal, family or household purposes, including a line of credit extended to a consumer, but not including an occasional or incidental credit balance in a credit plan; "consumer" means a natural person residing in this state; "network" means one or more financial institutions or other persons that own and operate one or more network systems or facilities, or provide communications or processing services to one or more automated teller machines, point of sale terminals or similar retail electronic banking facilities located in this state, or to one or more home banking terminals located in this state; and "processor" means one or more persons that provide communications, processing, clearing, settlement or related services to one or more financial institutions in connection with the operation of one or more automated teller machines, point of sale terminals or similar retail electronic banking facilities located in this state, or one or more home banking terminals located in this state. Sec. 3. This act shall take effect from its passage. Approved June 24, 1997