SECTION 321.21. Certain Wagers Prohibited


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  • (a) An association may not accept a wager made by mail, by telephone, or by internet. A data communications link for common pooling purposes is not considered a wager for purposes of this section.

    (b) An association may not accept a wager made on credit.

Source Note: The provisions of this §321.21 adopted to be effective April 1, 2001, 26 TexReg 2158; amended to be effective October 3, 2005, 30 TexReg 6262