Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 1 - GENERAL PROVISIONS
Rule 1 - Definitions
Section 1-13 - "Cash equivalent" defined
Current through September 18, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 13.
"Cash equivalent" means an asset that is readily convertible to cash, including the following:
(1) Traveler's checks.
(2) Certified checks, cashier's checks, and money orders.
(3) Personal checks.
(4) Credit extended by the casino licensee or by a recognized credit card company.
(5) Any other instrument that the commission deems a cash equivalent.
Other than recognized credit cards or credit extended by the casino licensee, all instruments that constitute a cash equivalent must be made payable to the casino licensee, bearer, or cash. If an instrument is made payable to a third party, it shall not be deemed a cash equivalent.