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§ 4-33-24-24 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 4 - State Offices and Administration/
  5. Article 33 - Riverboat Gambling/
  6. Chapter 24 - Paid Fantasy Sports4-33-24-1. Paid Fantasy Sports Game Is Not Gambling/
  7. § 4-33-24-24
Indiana Legal Code

§ 4-33-24-24

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For the protection of the funds of game participants held in paid fantasy sports game accounts, a game operator shall maintain a reserve in the form of cash, cash equivalents, an irrevocable letter of credit, a bond, or a combination of these sources that is equal to the amount of money deposited in paid fantasy sports game accounts of game participants.As added by P.L.212-2016, SEC.2.