6.1-194.30 - (Repealed effective October 1, 2010) Home financial services. - Virginia Statutes

§ 6.1-194.30. (Repealed effective October 1, 2010) Home financial services.

A state association may utilize any electronic technology to provide itscustomers with home financial services. Any such services provided underthis section are subject to the Electronic Funds Transfer Act (15 U.S.C. §1693 et seq.) and Regulation E of the Federal Reserve Board. As used in thissection, the term "home financial services" means the transfer of funds orfinancial information, or the performance of other transactions initiated bythe customer by means of an electronic terminal located in such customer'sresidence, such as a telephone, a computer terminal or a television set thatis linked to an association's computer by telephone or cable television lines.

(1985, c. 425.)