Kan. Admin. Regs. § 112-9-7 - Uncashed tickets
(a) Each
organization licensee shall carry on its books an account that shows the total
amount due on outstanding uncashed mutuel tickets. Each winning ticket
remaining unpaid at the close of each performance shall be entered in a book
known as the "outsbook" at the actual price paid to the public. A record of all
unpaid parimutuel tickets shall be prepared and forwarded to the commission
within 61 days after the close of the race meeting. Each unclaimed ticket
cashed after the close of the season shall bear the date it was paid, check
number and the amount paid.
(b)
when outsbooks are compiled by data processing systems or computerized
totalisator equipment, the following minimum requirements shall apply:
(1) All printed outs summaries and printed
outs ledger sheets shall be placed in a separate binder in chronological order.
Each organization licensee shall safeguard these records; and
(2) the daily outs summary printout shall
include for each previous performance:
(A)
The performance number;
(B) the
number and amount of tickets outstanding before the current performance;
(C) the number and amount of
tickets cashed during the current performance; and
(D) the remaining number and amount of
uncashed tickets at the close of the current perform-ance.
(c) Before the close of
the next business day after each performance, each organization licensee shall
deliver to the commission office a copy of the totalisator company report
showing the daily accumulation of the outs.
(d) Each organization licensee shall
safeguard all records pertaining to parimutuel operations including all cash
winning parimutuel tickets and admission records, for as long as the commission
requires. The records shall not be destroyed without written permission of the
commission.
Notes
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