Depository institution: means a bank, savings and loan association, savings bank, industrial bank, credit union, or other institution that:
(a)
holds or receives deposits, savings, or share accounts;
(b)
issues certificates of deposit; or
(c)
provides to its customers other depository accounts that are subject to withdrawal by checks, drafts, or other instruments or by electronic means to effect third party payments. See Utah Code 7-1-103
Depository institution holding company: means :
(i)
a person other than an individual that:
(A)
has control over a depository institution; or
(B)
becomes a holding company of a depository institution under Section 7-1-703; or
(ii)
a person other than an individual that the commissioner finds, after considering the specific circumstances, is exercising or is capable of exercising a controlling influence over a depository institution by means other than those specifically described in this section. See Utah Code 7-1-103
Device for access: means a card, code, or other means of access to a customer's account, or any combination of these, that may be used to deposit or withdraw cash through an automated teller machine. See Utah Code 7-16a-102
Electronic information processing device: means equipment activated by a device for access that transmits electronic impulses to a depository institution on a real-time or delayed-time basis. See Utah Code 7-16a-102
a depository institution that issues a device for access, whether or not the depository institution is an operator; or
(b)
a state or federal governmental agency that issues a device for access that allows a person to receive benefits from or through the state or federal governmental agency. See Utah Code 7-16a-102
Operator: means an institution that:
(a)
(i)
is a depository institution;
(ii)
is a depository institution holding company; or
(iii)
is an institution directly or indirectly owned or controlled by one or more depository institutions or depository institution holding companies; and
(b)
owns or contracts with an owner of an automated teller machine to operate the automated teller machine. See Utah Code 7-16a-102
“Device for access” means a card, code, or other means of access to a customer‘s account, or any combination of these, that may be used to deposit or withdraw cash through an automated teller machine.
(4)
“Electronic information processing device” means equipment activated by a device for access that transmits electronic impulses to a depository institution on a real-time or delayed-time basis.
(5)
“Issuer” means:
(a)
a depository institution that issues a device for access, whether or not the depository institution is an operator; or
(b)
a state or federal governmental agency that issues a device for access that allows a person to receive benefits from or through the state or federal governmental agency.
(6)
“Point-of-sale terminal” means an electronic information processing device controlled by or accessible to a merchant or other provider of goods or services that authorizes:
(a)
in payment for goods or services, a debit or credit to a customer’s account at:
(i)
a depository institution; or
(ii)
a state or federal governmental agency; and
(b)
the merchant or other provider of goods or services to dispense currency or coin to a customer.
(7)
“Operator” means an institution that:
(a)
(i)
is a depository institution;
(ii)
is a depository institution holding company; or
(iii)
is an institution directly or indirectly owned or controlled by one or more depository institutions or depository institution holding companies; and
(b)
owns or contracts with an owner of an automated teller machine to operate the automated teller machine.
