51A-8-1. "Remote service unit" defined.

The term, remote service unit, as used in this chapter means an automated teller machine or ATM which is a manned or unmanned device located separate and apart from a bank or branch bank through or by means of which information relating to banking services rendered to the public is electronically stored and transmitted, whether instantaneously or otherwise, to a bank and which provides for cash withdrawals and the depositing of funds.

Source: SL 1976, ch 305, § 1; SL 1988, ch 377, § 129; SDCL, § 51-20A-1; SL 1996, ch 282, § 1.

51A-8-1.1. Deposits through use of remote service units--Limited to certain financial institutions.

No person other than a national bank, a bank organized under the laws of this or any state, a savings and loan association or savings bank organized under the laws of the United States or this or any state, or a credit union organized under the laws of the United States, may accept deposits through the use of remote service units.

Source: SL 2005, ch 253, § 1.