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MICHIGAN STATUTES AND CODES
Section 432.209a - Electronic funds transfer terminal.
Initiated Law 1 of 1996
432.209a Electronic funds transfer terminal.
Sec. 9a.
(1) A person who holds a casino license shall not install, own, or operate or allow another person to install, own, or operate an electronic funds transfer terminal on the premises of the casino that is less than 50 feet from any game in the casino.
(2) A person who holds a casino license shall not install, own, or operate or allow another person to install, own, or operate on the premises of the casino a game that is played with a device that allows a player to operate the game by transferring funds electronically from a credit or debit card.
(3) As used in this section, “electronic funds transfer terminal” means an information processing device used for the purpose of executing deposit account transactions between financial institutions and their customers by either the direct transmission of electronic impulses or the recording of electronic impulses for delayed processing. The fact that a device is used for other purposes does not prevent it from being an electronic funds transfer terminal.
History: Add. 1997, Act 69, Imd. Eff. July 17, 1997
Popular Name: Proposal E