Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 21 - CHARITY GAMING
Rule 11 - Record Keeping Requirements
Section 11-2 - Records of manufacturer or distributor

Universal Citation: 68 IN Admin Code 11-2

Current through September 18, 2024

Authority: IC 4-32.3-3-3

Affected: IC 4-32.3

Sec. 2.

(a) An entity licensed as a manufacturer or distributor must keep records adequate for the commission to conduct oversight as authorized by IC 4-32.3 and to report the information to the commission on forms prescribed by the commission. The records required must include, but are not limited to, the following:

(1) A general sales invoice that:
(A) is:
(i) numbered consecutively; and

(ii) prepared in at least two (2) parts, one (1) being issued to the customer and the other retained in an invoice file; and

(B) sets out:
(i) the date of sale;

(ii) the customer name and business address;

(iii) a full description of the licensed supply sold, including the serial numbers of the licensed supply sold;

(iv) the quantity and sales price of the licensed supply;

(v) the manufacturer's or distributor's current license number at the time of invoicing;

(vi) the customer's current license number at the time of invoicing; and

(vii) the gaming card excise tax due on the sale.

(2) Credit memoranda prepared in the same detail as sales invoices.

(3) A sales journal containing at least the following, by calendar month:
(A) The date of sale.

(B) The invoice number of the sale.

(C) The customer name or account number.

(D) The total amount of the invoice.

(E) The total amount of the gaming card excise tax due on the sale.

(4) A complete list of the persons representing the buyer and seller of licensed supplies.

(5) Purchase records documenting that all licensed supplies were purchased from either a licensed manufacturer or another licensed distributor.

(b) The serial number printed on the licensed supply sold must be identifiable with the sales invoice reflecting the sale of the specific licensed supply.

(c) Records shall be maintained until the later of the following:

(1) Six (6) years after the year in which they are created.

(2) The end of the audit if the records are under audit.

(d) Marketing sheets must show the expected gross income, payout, net income, and number of deals in the pull tab game that has been sold to the qualified organization. Payout does not include the cost of the game itself.

(e) If a licensed manufacturer or distributor destroys, discontinues, or otherwise renders unusable licensed supplies sold in Indiana, then ten (10) business days prior to the destruction, the manufacturer or distributor must provide the commission with a written list of the licensed supplies to be destroyed, including the following:

(1) The quantity of the items.

(2) A description of the items.

(3) Serial numbers of the items.

(4) The date on which the items were destroyed.

(f) A licensed manufacturer or distributor must keep the commission informed of the following:

(1) The manufacturer's or distributor's location.

(2) The location of all facilities where licensed supplies are manufactured or distributed.

(3) Where the records will be stored if the manufacturer or distributor ceases business or sells its business to another entity.

(g) The records referenced in subsections (a) through (e) must be produced upon request by the:

(1) commission;

(2) executive director; or

(3) executive director's designee.

(h) If a licensed manufacturer or distributor sells its business to another entity, then the manufacturer or distributor must provide the following to the commission within ten (10) days of the closing of the sale:

(1) Records documenting the sale.

(2) The original manufacturer or distributor's license.

Disclaimer: These regulations may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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