Section 68IAC16-1-11. Handling of returned checks

   (a) The casino licensee shall do the following:

(1) Establish policies and procedures for the handling of returned checks.

(2) Receive and document all returned checks on a returned check log by a department independent of the casino cage or credit department, or both.

(3) Establish procedures for collecting and recording checks returned to the casino licensee after deposit, including redeposit procedures.

  (b) The casino's collections department shall maintain a continuous record of returned checks. The records shall contain the following information:

(1) Original date of the check.

(2) Name and address of the drawer of the check.

(3) Amount of the check.

(4) Date the check was dishonored.

(5) Date or dates and amount or amounts of collections received on the check after being returned by a bank.

  (c) Returned checks shall be considered the issuance of credit and handled in accordance with collection of credits.

  (d) Procedures shall be described for notification of casino cage, credit departments, or the equivalent of returned checks and the prohibition from granting further credit to patrons whose checks have been returned and remain unsatisfied. (Indiana Gaming Commission; 68 IAC 16-1-11; filed Jul 18, 1996, 8:55 a.m.: 19 IR 3315; readopted filed Nov 25, 2002, 10:11 a.m.: 26 IR 1261; readopted filed Nov 14, 2008, 12:51 p.m.: 20081210-IR-068080730RFA; filed Dec 6, 2012, 2:32 p.m.: 20130102-IR-068110786FRA; errata filed Jan 10, 2013, 2:54 p.m.: 20130130-IR-068110786ACA)