2000 Minnesota Statutes

     47.67 Advertising. 

    No advertisement by a person which relates to an electronic 
 financial terminal may be inaccurate or misleading with respect 
 to such a terminal.  Except with respect to direct mailings by 
 financial institutions to their customers, the advertising of 
 rate of interest paid on accounts in connection with electronic 
 financial terminals is prohibited.  Any advertisement, either on 
 or off the site of an electronic financial terminal, promoting 
 the use or identifying the location of an electronic financial 
 terminal, which identifies any financial institution, group or 
 combination of financial institutions, or third parties as 
 owning or providing for the use of its services is prohibited.  
 The following shall be expressly permitted: 

    (a) a simple directory listing placed at the site of an 
 electronic financial terminal identifying the particular 
 financial institutions using its services; 

    (b) the use of a generic name, either on or off the site of 
 an electronic financial terminal, which does not promote or 
 identify any particular financial institution, group or 
 combination of financial institutions, or any third parties; 

    (c) media advertising or direct mailing of information by a 
 financial institution or retailer identifying locations of 
 electronic financial terminals and promoting their usage; 

    (d) any advertising, whether on or off the site, relating 
 to electronic financial terminals, or the services performed at 
 the electronic financial terminals located on the premises of 
 the main office, or any office or detached facility of any 
 financial institution; 

    (e) a coupon or other promotional advertising that is 
 printed upon the reverse side of the receipt or record of each 
 transaction required under section 47.69, subdivision 6; and 

    (f) promotional advertising displayed on the electronic 
 screen. 

    HIST: 1978 c 469 s 7; 1987 c 41 s 6; 1995 c 202 art 2 s 11