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Can you summarize 13 NJAC Chapter 45A, Subchapter 36?
ADMINISTRATIVE RULES OF THE DIVISION OF CONSUMER AFFAIRS > PRESCRIPTION MONITORING PROGRAM
Short Summary
This legal document, specifically Chapter 37 of the New Jersey Administrative Code, governs fantasy sports activities in the state of New Jersey. It provides definitions for various terms related to fantasy sports and outlines the responsibilities and requirements for applicants, fantasy sports operators, and participants. The document defines fantasy sports activity as a simulated contest with an entry fee, where participants own or manage imaginary teams and compete against each other or a target score for a prize. It prohibits certain individuals from participating in fantasy sports activities, such as those with access to non-public confidential information, athletes whose performance may influence the outcome, team employees, referees, league officials, and sports agents. The document establishes procedures for obtaining a fantasy sports operator permit, including the submission of an application, proof of equipment maintenance, and payment of fees. It also outlines requirements for the physical location of equipment used by fantasy sports operators and grants the Division of Consumer Affairs the authority to inspect these facilities. The document sets guidelines for conducting fantasy sports activities, including the use of statistics based on the performance of actual individuals in real competitions or athletic events, the establishment and disclosure of prizes, and the prevention of false statements or non-disclosure of information. It also prohibits sharing of statistical information that could affect a fantasy sports activity, participation of prohibited individuals, fantasy sports activities based on high school athletics, and participation of individuals under the age of 18. The document requires fantasy sports operators to develop complaint procedures, respond to participant complaints, and retain complaint records. It also outlines record-keeping requirements for fantasy sports operators, including details of activities, participant transaction logs, and advertisements. Additionally, the document addresses the handling of player funds, including the prohibition of fund transfers between participants and the requirement to honor withdrawal requests within five business days. Fantasy sports operators are also required to renew their permits annually and pay the applicable fees. The document does not specify any specific penalties for non-compliance or violation of its provisions.
Whom does it apply to?
Fantasy sports operators, applicants, and participants
What does it govern?
Fantasy sports activities in the state of New Jersey
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
New Jersey