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• California Codes
  • California Financial Code
    • FINANCIAL CODE SECTION 550-559

550.  In this article, unless the context otherwise requires:
   (a) "Automated teller machine" means any electronic information
processing device used by a financial institution and its customers
for the primary purpose of executing transactions solely between the
financial institution and its customers, if the transactions are not
incidental to sales between the customer and a business entity other
than a financial institution.  "Automated teller machine" does not
include devices used solely to facilitate check guarantee or check
authorization.
   (b) "Automated teller machine branch office" means a branch office
that consists exclusively of one or more automated teller machines.
However, an automated teller machine branch office of a bank may
include (1) a night depository facility and (2) personnel of the
bank, provided that the personnel do not accept deposits, pay checks,
or make loans.
   (c) "Bank" means (1) a California state bank or (2) a foreign
(other nation) bank that is licensed under Article 3 (commencing with
Section 1750) of Chapter 13.5 to maintain one or more retail branch
offices as defined in Section 1700.



551.  Except as the commissioner may otherwise order, a bank is not
required to file any notice with, or to obtain any approval or
certificate of authority from, the commissioner or to comply with any
other regulatory requirement in order to establish, relocate, or
discontinue an automated teller machine or remote service facility.




559.  Subject to applicable laws and regulations, a bank is
permitted but not required to share its automated teller machine
branch offices with one or more other banks (as defined in Section
102), savings associations, and credit unions, or such other persons
as the commissioner may approve.