La. Admin. Code tit. 42 § I-1733

Current through Register Vol. 50, No. 11, November 20, 2024

Section I-1733 - Separate Gaming Account

A. A licensee must maintain a separate checking account for all receipts and disbursements related to charitable gaming. All checks on this account must have preprinted consecutive numbers and have the words, "Charitable Gaming Account," along with licensee's state charitable gaming license number, printed on the face of the check.

B. All disbursements related to charitable gaming (including disbursements for prizes, supplies, equipment, operating expenses, contributions, etc.) shall be made only by a check drawn on the special gaming bank account, with the sole exception of prize payouts of under $600 per prize. All checks shall be made payable to a specific person or corporation, and at no time shall a check be made payable to cash.

C. All receipts from charitable gaming, except for the amount of cash used to make prize payouts of under $600 per prize, shall be deposited in the special gaming bank account no later than the next banking day following the date of the charitable gaming session. All deposit slips shall be sufficiently completed as to be able to readily identify the date and source of the receipts being deposited.

La. Admin. Code tit. 42, § I-1733

Promulgated by the Department of Public Safety and Corrections, Office of State Police, LR 13:102 (February 1987).

AUTHORITY NOTE: Promulgated in accordance with R.S. 33:4861.17.