                                 CODE OF VIRGINIA

OFF PREMISES FINANCIAL SERVICES (§ 6.2-1137)

A. As used in this section, &#8220;off premises financial services&#8221; means
the transfer of funds or financial information or the performance of other
transactions initiated by the customer by means of an electronic terminal, such
as a telephone, a computer terminal, or a television set that is linked to a
state savings institution&#8217;s electronic network by telephone or cable
television lines or other electronic means.

B. A state savings institution may utilize any electronic technology to provide
its customers with off premises financial services. Any such services provided
under this section are subject to the federal Electronic Fund Transfers Act (15
U.S.C. &#xA7; 1693 et seq.) and Regulation E of the Consumer Financial
Protection Bureau.

HISTORY: 1985, c. 425, § 6.1-194.30; 1991, c. 230, § 6.1-194.123; 2010, c.
794; 2016, c. 501.