Current through P.L. 171-2024
Section 4-31-7.5-11 - Commission rules The commission shall adopt rules under IC 4-22-2 to implement this chapter. Rules adopted under this section may include rules that prescribe:
(1) procedures for verifying the age of an individual opening an advance deposit wagering account or placing a wager with a licensed SPMO;(2) requirements for opening and administering advance deposit wagering accounts;(3) a guarantee or acceptable surety that the full value of balances in an advance deposit wagering account will be paid;(4) record keeping requirements;(5) licensure procedures, including investigation of applicants, forms for licensure, and procedures for renewal; and(6) civil penalties for violations of this chapter or the rules adopted by the commission.Amended by P.L. 93-2024,SEC. 28, eff. 7/1/2024.Added by P.L. 268-2017,SEC. 12, eff. 7/1/2017.