La. Admin. Code tit. 42 § III-4727

Current through Register Vol. 50, No. 6, June 20, 2024

Section III-4727 - Additional Requirements

A. The casino operator's or casino manager's credit department shall either verify the person's address, current casino credit limits and any outstanding indebtedness, or suspend the person's credit privileges, whenever:

1. a person's credit file has been inactive for a 12-month period; or

2. a person has failed to completely pay off his credit balance at least once within a 12-month period; or

3. a credit instrument is returned to the casino operator or casino manager by a person's bank; or

4. information is received by the casino operator's or casino manager's credit department which reflects negatively in the person's continued credit worthiness; or

5. the information in the person's credit file has not been updated or verified for a 12-month period.

B. If a person's credit privileges have been suspended, the procedures required by subsection A above shall be performed before that person's credit privileges are reinstated provided; however, if the suspension is the result of a return check by the person's bank, the casino operator or casino manager may alternatively reinstate the person's credit privileges by complying with the requirements of §4729 of these regulations.

C. The casino operator or casino manager shall verify the person's name and banking information whenever the casino operator or casino manager has reason to believe that this information has changed.

La. Admin. Code tit. 42, § III-4727

Promulgated by the Department of Public Safety and Corrections, Gaming Control Board, LR 38:1691 (July 2012).

AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15 and 24.