Sec. 16-2.14. Definition of an automated teller machine

(a) The term automated teller machine means an electronic device, either on-line or off-line, that is not manned, except as provided in subdivision (b) of this section, and which permits one or more of the following:

(1) deposits;

(2) withdrawals;

(3) transfers of funds from one account to another;

(4) loan repayments;

(5) disbursements of funds pursuant to prearranged lines of credit; or

(6) balance inquiries.

(b) An electronic device may be manned by employees of the bank for the following purposes:

(1) to demonstrate equipment;

(2) to provide information;

(3) to repair and service the electronic equipment; or

(4) to act as security guards.