Iowa Admin. Code r. 481-100.13

Current through Register Vol. 47, No. 8, October 30, 2024

Rule 481-100.13 - Records

In addition to requirements found in Iowa Code section 99B.16, the following requirements apply. Gambling records, maintained separately from all other records, shall be kept current.

(1)Disbursement journal. Records of expenses and dedicated and distributed money are required.

a. A disbursement journal shall include the date of expenditure, the name of the payee, a description of the purpose of payment, the amount of payment, and the method of payment (check, electronic fund transfer, etc.).

b. The disbursement journal shall clearly indicate dedication as the purpose for expenditure of dedicated funds.

(2)Supporting documentation -time requirements. Supporting documentation such as invoices or bills shall be kept for three years.

Iowa Admin. Code r. 481-100.13

Amended by IAB September 26, 2018/Volume XLI, Number 7, effective 10/31/2018