§ 8.04.010.086. Guaranteed draft.

Latest version.

"Guaranteed draft" means a draft or check accepted by a licensee for gaming purposes whose drawer is a patron and whose drawee unconditionally guarantees payment provided that all required issuance and acceptance procedures are adhered to by the drawee and the licensee. The term includes, but is not limited to, traveler's checks. The term does not include personal checks.

(Reg. L-240-08 § 16, 2008)

                    
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