Illinois Administrative Code
Title 86 - REVENUE
Part 3000 - RIVERBOAT AND CASINO GAMBLING
Subpart J - OWNERSHIP AND ACCOUNTING RECORDS AND PROCEDURES
Section 3000.1072 - Cash Reserve Requirements
Universal Citation: 86 IL Admin Code ยง 3000.1072
Current through Register Vol. 48, No. 38, September 20, 2024
Each holder of an Owner's License shall maintain, in cash or cash equivalents, a cash reserve in an amount sufficient to protect patrons against defaults in Gaming debts owed by the holder of an Owner's License. Cash equivalents are defined as all highly liquid investments with an original maturity of 3 months or less. The cash reserve requirements and any changes thereto shall be submitted in writing to the Administrator.
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