68 IAC 15-2-2 - Cash transactions

Authority: IC 4-33-4; IC 4-35-4

Affected: IC 4-33; IC 4-35

Sec. 2.

(a) Cash transactions involving cash in or cash out in excess of ten thousand dollars ($10,000) must be reported by occupational licensees. The information to be reported shall include, but is not limited to, the information that is required by 31 U.S.C. 5313 and 31 CFR 103.

(b) In addition to filing copies of the cash transactions with the Internal Revenue Service and the enforcement agent in accordance with section 1(c)(2) of this rule, the casino licensee shall also prepare and submit to the commission and the enforcement agent a summary of the cash transaction reports that are being submitted that includes the following information:

(1) The date on which the cash transaction report was completed by the casino licensee.

(2) The name of the patron for whom the cash transaction report was completed.

(3) The amount of cash involved in the transaction that prompted the completion of the cash transaction report.

(4) An indication of whether the cash was:

(A) received; or

(B) paid out; by the casino licensee.

Notes

68 IAC 15-2-2

Indiana Gaming Commission; 68 IAC 15-2-2; filed Jul 18, 1996, 8:45 a.m.: 19 IR 3327; filed Aug 20, 1997, 7:11 a.m.: 21 IR 18; errata filed Nov 17, 1997, 3:45 p.m.: 21 IR 1347; filed Feb 18, 1998, 9:45 a.m.: 21 IR 2315; readopted filed Nov 25, 2002, 10:11 a.m.: 26 IR 1261; filed Dec 6, 2006, 2:52 p.m.: 20070103-IR-068060191FRA; filed Dec 6, 2012, 2:32 p.m.: 20130102-IR-068110786FRA Readopted filed 9/19/2018, 4:09 p.m.: 20181017-IR-068180283RFA Readopted filed 11/22/2023, 8:28 a.m.: 20231220-IR-068230610RFA