Md. Code Regs. 36.03.10.30

Current through Register Vol. 51, No. 12, June 14, 2024

Section 36.03.10.30 - Returned Checks

A. All checks returned after deposit shall be:

(1) Returned directly to an accounting department employee with no incompatible functions; and

(2) Maintained by a check bank cashier with no incompatible functions.

B. A facility operator shall:

(1) Limit collection efforts pertaining to a returned check to the following persons:

(a) A gaming or principal licensed employee of the accounting department with no incompatible functions; and

(b) An attorney representing the facility operator;

(2) Notice the employee or attorney authorized to conduct collection efforts of any verbal or written communication with a player regarding collection efforts;

(3) Document all collection efforts in the player's credit file; and

(4) Send a statement to a player at reasonable intervals.

C. After reasonable collection efforts, returned checks may be considered uncollectible for accounting purposes if the write off is authorized by the:

(1) Chief executive officer; and

(2) Director of finance or another designated principal employee who does not possess authority to authorize credit or approve a change in a credit limit.

Md. Code Regs. 36.03.10.30

Effective date:
Regulations .30 adopted as an emergency provision effective March 1, 2013 (40:6 Md. R. 470); emergency action expired effective July 20, 2013
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Regulations .30 adopted effective adopted effective August 19, 2013 (40:16 Md. R. 1347)
Regulation .30 amended effective 42:6 Md. R. 515, eff.3/30/2015