N.J. Admin. Code § 13:47-18.16

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:47-18.16 - Armchair race banker

(a) An armchair race banker shall:

1. Be a bona fide active member of the armchair race holder; and

2. Convert cash or money into imitation money at the posted exchange rate.

(b) An armchair race banker shall not:

1. Convert imitation money into cash or money;

2. Work as a cashier at the same armchair race event; or

3. Be compensated for services as a banker.

N.J. Admin. Code § 13:47-18.16