SECTION 321.605. E-Wagering Plan

(a) To be approved to conduct E-wagering, an association must submit a plan to the executive secretary. The plan must include:

(1) the procedures for opening an account;

(2) the procedures for establishing identity of account holder;

(3) the procedures for making deposits to the account;

(4) the procedures for making withdrawals from the account;

(5) the procedures for closing an account;

(6) the procedures for suspending an account; and

(7) a description of the totalisator system and E-wagering access system.

(b) The executive secretary may approve a plan to conduct E-wagering if the executive secretary determines that the association's plan meets the requirements of this section and does not conflict with the Rules or the Act.

Source Note: The provisions of this §321.605 adopted to be effective October 3, 2005, 30 TexReg 6264; amended to be effective March 28, 2011, 36 TexReg 1981