Can you summarize AKST 06.90.010?

Short Summary

Unless a fee is otherwise prohibited by or conflicts with federal law, a person that owns an automated teller machine may charge a fee for the use of the automated teller machine to conduct a transaction accessing an account from an international financial institution. In this section, (1) automated teller machine means an electronic device that dispenses cash in connection with a credit, deposit, or checking account at an international financial institution; (2) international financial institution means a person that is organized and licensed under the laws of a foreign country to engage in a banking business; in this paragraph, banking business means a business that offers deposit accounts, makes loans, and conducts other financial transactions. History History. ( 1 ch 11 SLA 2020)

Jurisdiction

Alaska

Source

• Banking