SS/SB 741 - This act authorizes gaming establishments to provide lines of credit to persons deemed creditworthy by the gaming establishment. Applicants for credit must qualify for at least $10,000 in credit. Credit may only be extended through the use of a credit instrument which shall not be due more than 30 days from the date of issuance. Credit instruments are to be unsecured loans and not bear interest. Credit instrument may not be extended to intoxicated persons.
This act is similar to SB 481 (2013) and HB 747 (2013).