Ind. Code § 4-33-24-24

Current through P.L. 171-2024
Section 4-33-24-24 - Financial reserves

For the protection of the funds of game participants held in paid fantasy sports game accounts, a game operator shall maintain a reserve in the form of cash, cash equivalents, an irrevocable letter of credit, a bond, or a combination of these sources that is equal to the amount of money deposited in paid fantasy sports game accounts of game participants.

IC 4-33-24-24

Added by P.L. 212-2016, SEC. 2, eff. 7/1/2016.