68 Ind. Admin. Code 3.1-2-10

Current through August 28, 2024

Section 68 IAC 3.1-2-10 - Cash on hand reporting

Authority: IC 4-33-4-3; IC 4-35-4-2

Affected: IC 4-33-8; IC 4-35-6.5

Sec. 10.

(a) Level 1 occupational licensees or applicants must report to the commission, within three (3) business days, whenever their cash on hand is in excess of fifty thousand dollars ($50,000).

(b) Subsequent increases to cash on hand of twenty thousand dollars ($20,000) or greater must also be reported to the commission within seven (7) business days.

(c) "Cash on hand" means any currency on the licensee's person or readily available, not residing within the licensee's personal accounts.

68 IAC 3.1-2-10

Indiana Gaming Commission; 68 IAC 3.1-2-10; filed 1/20/2023, 2:57 p.m.: 20230215-IR-068220069FRA