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2.59.503    MAGNETIC ENCODING AND CARD STANDARDS

(1) In order to comply with the requirements of mandatory sharing of automated teller machines as provided in chapter 6 of Title 32 of the Montana Code Annotated, such automated teller machines as may be installed in compliance with that chapter shall comply at a minimum with the following magnetic encoding standards:

(a) The standards of the American national standards institute (ANSI) for track II as provided in ANSI X4.16-1976, approved February 24, 1976; and,

(b) The standards of the American national standards institute for track III published in ANSI X9.A on September 1, 1977 (though not yet adopted in final form by ANSI) .

(2) In order to comply with the requirement of mandatory sharing in chapter 6 of Title 32, MCA, such automated teller machines as may be installed must, at a minimum, comply with both of the standards herein adopted by reference.   While said standards refer to "credit" cards and "bank" cards, for the purposes of this rule they are intended to refer to the unique identification devices described in 32-6-308, MCA.

(3) The cards described in the ANSI standards herein adopted and used as a unique identification device as provided in 32-6-308, MCA, shall comply with the standards established in ANSI X4.13-1971, approved April 1, 1971, relating to the physical specifications of embossed cards, the specifications for the embossed data, the type style(s) to be used for embossing the account number line, and an account numbering system.

(4) Copies of the standards herein adopted by reference are available at the offices of the Division of Banking and Financial Institutions, Department of Administration, 846 Front Street, P.O. Box 200546, Helena, MT 59620-0546.

History: Sec. 32-6-401, MCA; IMP, Sec. 32-6-203, 32-6-308, MCA; Eff. 12/15/78; TRANS, from Commerce, 2001 MAR p. 1178.

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