Can you summarize 12 RCSA 865-34?
This section of the Connecticut Administrative Code governs the voiding and cancelling of wagers in the context of online casino gaming, retail and online sports wagering, fantasy contests, keno, and online sale of lottery tickets. It applies to online gaming operators. The section defines voided and cancelled wagers as having the same meaning. Online gaming operators are required to document void notifications in a change log to be submitted to the Department of Consumer Protection.
Can you summarize 12 RCSA 865-4?
This legal document outlines the requirements for obtaining a master wagering license in Connecticut. The commissioner may issue a master wagering license to the Connecticut Lottery Corporation, the Mashantucket Pequot Tribe (or its approved instrumentality or affiliate), and the Mohegan Tribe of Indians of Connecticut (or its approved instrumentality or affiliate) upon completion of specified requirements. The master wagering license must include the names and contact information of all owners and key employees of the licensee.
Can you summarize 12 RCSA 865-6?
This legal document, part of the Connecticut Administrative Code, governs the requirements for online gaming service providers. It states that no person can act as an online gaming service provider without a license issued by the Department of Consumer Protection. To be licensed, a person must be doing business with a master wagering licensee, an online gaming operator, online gaming service provider, or a retail sports wagering licensee. The document also lists various business entities that are required to be licensed, including manufacturers of gaming equipment, suppliers of security services, and vendors who monitor and audit electronic wagering platforms.
Can you summarize 12 RCSA 865-9?
This section of the Connecticut Administrative Code governs the geolocation requirements for all electronic wagering platforms, except those exclusively offering and supporting fantasy contests. The geolocation system must check a patron’s location when they log in, open an app, place a wager, or as required by the department for security or investigation purposes. If the patron is located outside the state, the platform cannot accept wagers until the patron is within the state boundaries defined by the department.
Can you summarize 12 RCSA 865?
The provided legal document content pertains to the regulation and operation of online casino gaming, retail and online sports wagering, fantasy contests, keno, and online sale of lottery tickets in Connecticut. It covers a wide range of terms and concepts related to these activities, including definitions, compliance requirements, licensing procedures, geolocation requirements, establishment and management of internet gaming accounts, age and identity verification, requirements for electronic wagering platforms, approval of online casino games, rules and regulations for sports wagering, official procedures and internal controls for online lottery and online keno, live dealer and peer-to-peer online casino gaming, testing and certification of internet games and equipment, requirements for independent testing laboratories, voluntary self-exclusion, problem gambling requirements, advertising and marketing regulations, complaint management, internal controls and procedures, financial reporting and auditing, license enforcement and summary suspension, consumer disclosures, incident reporting, cybersecurity program requirements, and voiding and cancelling of wagers.
Can you summarize 36a RCSA 1?
These legal documents govern various aspects of administrative procedures, organizational structure, and regulatory oversight within the Department of Banking in Connecticut. They provide definitions, organizational structure, and procedures for administrative proceedings. The documents clarify the meanings of terms, outline the responsibilities of the commissioner and various divisions within the department, establish procedures for filing applications and motions, govern the inspection and copying of public records, and outline the process for requesting advisory opinions or interpretations.
Can you summarize 36a RCSA 136-48?
This legal document, part of the Connecticut Administrative Code and The Banking Law of Connecticut, governs the conversion of Mutual Connecticut Banks to Capital Stock Connecticut Banks. It outlines two methods of conversion: (a) conversion through an existing holding company acquiring all the capital stock of the converting institution, and (b) conversion through merging into an existing insured capital stock bank that is a wholly-owned subsidiary of a holding company. In both methods, eligible account holders and supplemental eligible account holders of the converting institution receive nontransferable rights from the holding company to purchase its capital stock.
Can you summarize 36a RCSA 136?
This legal document governs the process of converting mutual Connecticut banks to capital stock Connecticut banks. It provides definitions and terms used in the conversion process and outlines the requirements for the conversion application, business plan, notification to depositors, proxy solicitation, offering circular, and other necessary documents. The document also specifies the allocation of conversion shares, purchase limitations, and restrictions on sales and repurchases of shares. It further addresses the establishment and maintenance of a liquidation account, the implementation of stock option plans, and the acquisition of shares by directors, officers, and their associates.
Can you summarize 36a RCSA 40?
This document, part of the Connecticut Administrative Code and The Banking Law of Connecticut, provides a retention schedule for various types of records that Connecticut banks and Connecticut credit unions are required to maintain. The document covers administrative/corporate records, cash records, deposit account records, loan records, customer service records, international department records, and trust department records. It specifies the retention periods for each category of records, ranging from permanent retention to a few months or years.
Can you summarize 36a RCSA 446?
The provided legal document content pertains to the regulation of share accounts with an agreed maturity in Connecticut Credit Unions. The document specifies the rules and requirements for these types of accounts within the state. It is applicable to all Connecticut Credit Unions operating within the jurisdiction. The document does not mention any specific exemptions or penalties related to these share accounts. Therefore, it can be inferred that all Connecticut Credit Unions must comply with the regulations outlined in the document.