Can you summarize KYRS Chapter 528?
The provided legal document content pertains to gambling activities in the state of Kentucky. It includes definitions for various terms related to gambling activities and outlines regulations for individuals and entities involved in gambling. The document specifies offenses such as promoting gambling, possession of gambling records, conspiracy to promote gambling, permitting gambling, and possession of a gambling device. Penalties for non-compliance or violation of these provisions range from Class A misdemeanors to Class D felonies.
Can you summarize KYRS Chapter 58?
This legal document, as per the Kentucky Revised Statutes, governs the power of governmental agencies to acquire, construct, maintain, add to, and improve public projects using revenue bonds. The governmental agency, either acting alone or in collaboration with other agencies, can undertake public projects located within or outside its territorial limits. To finance the cost of these projects, the agency can borrow money and issue negotiable revenue bonds. The head of a state government department or agency must file a written order, approved by the Governor, the Attorney General, and the secretary of the Finance and Administration Cabinet, specifying the proposed public project, the amount of bonds to be issued, and the maximum interest rate.
Can you summarize 16 LAAC Part III Chapter 7?
The provided legal document content pertains to the reporting requirements for security breaches affecting Louisiana citizens. It is found in the Louisiana Administrative Code under the Community Affairs section, specifically the Consumer Protection subsection on Database Security Breach Notification. According to the document, when notice is required under R.S. 51:3074, the person or agency responsible must provide written notice to the Consumer Protection Section of the Attorney General’s Office, including the names of all affected Louisiana citizens.
Can you summarize 42 LAAC Part VI Chapter 1 Section 103?
This document provides definitions for various terms used in the Louisiana Gaming Control Law and the Louisiana Sports Wagering Act. It incorporates the definitions from the Act and applies them to these regulations, unless specifically redefined in a particular section. The document defines terms such as ‘applicant’, ‘application’, ‘associated persons’, ‘board’, ‘business year’, ‘canceled wager’, ‘chairman’, ‘collegiate sport or athletic event’, ‘confidential information’, ‘division’, ’economic interest’, ‘financial statements or financial records’, ‘gaming employee’, ‘gaming employee permit’, ‘gaming equipment’, ‘gaming supplier’, ‘gaming supplier permit’, ‘gaming supplies’, ‘geofence or geofencing’, ‘geolocation’, ‘in-game wagering’, ‘in-play bet or live bet’, ‘inactive account’, ‘independent integrity monitoring provider’, ‘key gaming employee’, ’layoff bet’, ’non-gaming supplier or supplier of goods or services other than gaming devices or gaming equipment’, ’non-gaming supplier permit’, ’non-key gaming employee’, ’non-key gaming employee permit’, ‘parlay bet’, ‘prohibited parish’, ‘prohibited player’, ‘prohibited sports event’, ‘promotional play’, ‘proposition bet’, ‘segregated account’, ‘sports governing body’, ‘sports wagering lounge or sports book lounge’, ‘sports wagering ticket or ticket’, ‘spread’, ‘straight bet’, ‘suspicious wagering activity’, ‘unusual wagering activity’, ‘voided wager’, and ‘voucher’.
Can you summarize 42 LAAC Part VI Chapter 5 Section 501?
This document governs the requirements and restrictions for sports wagering operators in Louisiana. It applies to licensees and operators conducting sports wagering authorized by the Act. The document emphasizes compliance with the Act, regulations, and internal controls. It prohibits accepting sports wagers from prohibited players and restricts gaming activities by employees. Licensees and operators are required to submit their internal controls for approval and implement comprehensive rules for sports wagering transactions.
Can you summarize 42 LAAC Part VI Chapter 5 Section 503?
This document, part of the Louisiana Administrative Code, pertains to the regulation of sports wagering platforms in Louisiana. It outlines the duties and responsibilities of operators and licensees of these platforms. The document requires sports wagering platforms to identify the operator and licensee, provide terms and conditions and a privacy policy to players, comply with applicable laws and regulations, establish procedures for secure account management, offer player access to account details and play history, prevent tampering with sports wagering equipment, establish procedures for handling player complaints, and ensure player participation is terminated after inactivity timeout.
Can you summarize LAAC Title 10, Part III, Chapter 3, Section 305?
This document governs loans secured by bank or bank holding company stock in Louisiana. It applies to Louisiana state-chartered banks, state-chartered savings banks, and holding companies that control a bank. The document outlines various provisions and requirements for such loans. It states that if holding company stock is used as collateral, the bank should review Section 23A of the Federal Reserve Act for compliance. The total dollar volume of loans secured by own bank or holding company stock should not exceed 10 percent of the bank’s Tier 1 leverage capital.
Can you summarize LAAC Title 10, Part III, Chapter 3, Section 313?
This document is a part of the Louisiana Administrative Code and specifically falls under the Financial Institutions, Consumer Credit, Investment Securities and UCC section. It pertains to the Banking category, specifically the Powers Subchapter A. Miscellaneous Lending, and focuses on the Legal Lending Limit ExceptionReal Estate Financing. The document defines various terms used in the regulations, including the Commissioner of Financial Institutions, Directors, Executive Officers, and Principal Shareholders of the Originating Bank, Lending Limit(s), Other Real Estate, and State Bank or Bank.
Can you summarize LAAC Title 10, Part III, Chapter 3, Section 325?
This regulation governs the exchange of other real estate by banks in Louisiana. It allows banks to exchange complex, difficult, or uneconomical properties for properties that are less complex, less difficult, or more economical to maintain. The exchange must be approved by the bank’s board of directors and supported by current appraisals. The bank must also maintain documentation of the exchange and its marketing efforts to dispose of the previously held property.
Can you summarize LAAC Title 10, Part III, Chapter 5, Section 515?
A. No automated teller machine or similar electronic financial terminal whether owned by a parent bank or any other entity shall be located on the premises of any office of the subsidiary mortgage corporation. This prohibition shall not apply if the subsidiary mortgage corporation is located on the premises of a duly approved branch or main office of a parent bank. AUTHORITY NOTE: Promulgated in accordance with R.S. 6:237(B). HISTORICAL NOTE: Promulgated by the Department of Commerce, Office of Financial Institutions, LR 13:740 (December 1987).