Regulation .30 Returned Checks.
Regulation .30 Returned Checks.LinkCopy Citation
A.
All checks returned after deposit shall be:
(1)
Returned directly to an accounting department employee with no incompatible functions; and
(2)
Maintained by a check bank cashier with no incompatible functions.
B.
A facility operator shall:
(1)
Limit collection efforts pertaining to a returned check to the following persons:
(a)
A gaming or principal licensed employee of the accounting department with no incompatible functions; and
(b)
An attorney representing the facility operator;
(2)
Notice the employee or attorney authorized to conduct collection efforts of any verbal or written communication with a player regarding collection efforts;
(3)
Document all collection efforts in the player’s credit file; and
(4)
Send a statement to a player at reasonable intervals.
C.
After reasonable collection efforts, returned checks may be considered uncollectible for accounting purposes if the write off is authorized by the:
(1)
Chief executive officer; and
(2)
Director of finance or another designated principal employee who does not possess authority to authorize credit or approve a change in a credit limit.