1. (a) Debits to an Account shall be made in the following form:

   1. (1) The entity shall debit the amount wagered by an Account Holder.
   2. (2) Wagers shall not be accepted in an amount in excess of an Account balance.
   3. (3) The entity may debit the Account for service or other transaction-related charges.
   4. (4) The entity may debit the Account for purchases of horse racing related merchandise and services requested by an Account Holder.

Note: Authority cited: Sections 19440 and 19590, Business and Professions Code. Reference: Section 19604, Business and Professions Code.

History

1. New section filed 1-3-2002; operative 1-3-2002 pursuant to Government Code section 11343.4 (Register 2002, No. 1).