PARRIS N. GLENDENING, Governor Ch. 579
(I) THE CREDIT INSTRUMENT OTHERWISE COMPLIES WITH THIS
SECTION; AND
(II) THE RECORDS OF THE AFFILIATED COMPANY PERTAINING TO
THE CREDIT INSTRUMENT ARE MADE AVAILABLE TO THE COMMISSION ON
REQUEST.
(E) THIS SECTION DOES NOT PROHIBIT THE ESTABLISHMENT OF AN
ACCOUNT BY A DEPOSIT OF CASH, RECOGNIZED TRAVELER'S CHECK, OR OTHER
INSTRUMENT THAT IS EQUIVALENT TO CASH.
(F) THE COMMISSION MAY ADOPT REGULATIONS SPECIFYING. THE
CONDITIONS UNDER WHICH A CREDIT INSTRUMENT MAY BE REDEEMED OR
PRESENTED TO A BANK FOR COLLECTION OR PAYMENT.
(G) A LICENSEE MAY ELECT TO USE, BUT MAY NOT BE REQUIRED TO USE, A
CASHLESS WAGERING SYSTEM THAT REQUIRES THAT CASH OF A GAMBLING
PATRON BE CONVERTED TO TOKENS, CHIPS, ELECTRONIC CARDS, OR OTHER
NONCASH FORM BEFORE WAGERING IS DONE IN THE GAMBLING ESTABLISHMENT.
SUBTITLE 6. GAMBLING COMMISSION FUND.
6A-601.
(A) THERE IS A MARYLAND GAMBLING COMMISSION FUND WITHIN THE
DEPARTMENT.
(B) ALL FEES AND TAXES COLLECTED UNDER THIS TITLE SHALL BE PAID
INTO THE MARYLAND GAMBLING COMMISSION FUND.
(C) THE MARYLAND GAMBLING COMMISSION FUND IS A SPECIAL
CONTINUING, NONLAPSING FUND.
(D) SUBJECT TO THE APPROPRIATION PROCESS IN THE STATE BUDGET, THE
COMMISSION SHALL USE THE FUND FOR THE EXPENSES INCURRED UNDER THIS
TITLE.
(E) THE STATE TREASURER SHALL HOLD AND THE STATE COMPTROLLER
SHALL ACCOUNT FOR THE FUND.
(F) THE FUND SHALL BE INVESTED AND REINVESTED IN THE SAME MANNER
AS OTHER STATE FUNDS.
(G) INVESTMENT EARNINGS ACCRUE TO THE BENEFIT OF THE FUND.
SUBTITLE 7. PROHIBITED ACTS; PENALTIES.
6A-701.
UNLESS LICENSED BY THE COMMISSION OR EXEMPT FROM A REQUIREMENT
TO HAVE A LICENSE UNDER THIS TITLE, A PERSON MAY NOT ENGAGE IN THE
BUSINESS OF, ATTEMPT TO ENGAGE IN THE BUSINESS OF, OR OFFER TO ENGAGE IN
- 3323 -
|