TITLE 11: ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
SUBTITLE D: VIDEO GAMING
CHAPTER I: ILLINOIS GAMING BOARD
PART 1800 VIDEO GAMING (GENERAL)
SECTION 1800.910 APPROVALS REQUIRED, APPLICABILITY, SCOPE OF APPROVAL
Section 1800.910 Approvals Required, Applicability, Scope of Approval
a) A person may not enforce a security interest in gaming property collateral except as set forth in this Subpart. Any attempt to enforce a security interest is void if the secured party has not complied with the requirements of this Subpart.
b) This Subpart does not apply to the enforcement of a security interest in property other than gaming property collateral.
c) Compliance with this Subpart does not constitute any of the following:
1) a determination by the Board as to the validity or enforceability of a security interest;
2) licensing eligibility;
3) approval of any other sale, transfer or other disposition of the gaming property collateral after the enforcement of the security interest.
(Source: Added at 35 Ill. Reg. 1369, effective January 5, 2011)