Establishment of cash-dispensing machines; limitations

32 M.R.S. § 6152, under CHECK CASHERS, CASH-DISPENSING MACHINES AND VIRTUAL CURRENCY KIOSKS.

32 M.R.S. § 6152

1. Cash-dispensing machines. A person may not establish or operate a cash-dispensing machine unless that person has first complied with the provisions of this subchapter.

2. Limitations. A cash-dispensing machine:

A. May not accept deposits or loan payments or effectuate account transfers other than those transfers between the customer's accounts in the same financial institution; [PL 2025, c. 542, §1 (AMD).]

B. Must be operated in such a way as to comply with the Electronic Funds Transfer Act, 15 United States Code, Section 1693 et seq. or regulations adopted under that Act; and [PL 2025, c. 542, §1 (AMD).]

C. May not operate as a virtual currency kiosk as defined in section 6164, subsection 3 unless the virtual currency kiosk operator is licensed as a money transmitter pursuant to section 6165.