§ 629. Permissible investments
(a) A licensee shall maintain at all times permissible investments that have a market value computed in accordance with generally accepted accounting principles of not less than the aggregate amount of all of its outstanding prizes and monies held on account for players by the licensee. (b) The Commission with respect to any licensees, may […]
§ 630. Types of permissible investments
(a) Except to the extent otherwise limited by the Commission pursuant to section 629 of this Article, the following investments are permissible under section 629: (1) cash, a certificate of deposit, or senior debt obligation of an insured depositary institution, as defined in section 3 of the Federal Deposit Insurance Act 12 U.S.C. § 1813; […]