Destruction of Chips and Tokens

PURPOSE: This rule establishes the procedures for the destruction of chips and tokens. (1) Prior to the destruction of chips or tokens, the holder of a Class B license shall notify the commission, in writing, of the date and the location at which the destruction will be performed; the denomination, number, and amount of value chips or tokens to be destroyed; the description and number of nonvalue chips to be destroyed; and a detailed explanation of the method of destruction. Unless otherwise authorized by the director, the destruction of chips or tokens shall be carried out in the presence of at least two (2) individuals, one (1) of whom shall be an agent of the commission. The denomination, number, and amount of value chips or tokens or, in the case of nonvalue chips, the description and number so destroyed, shall be recorded in the chip and token inventory ledger together with the signatures of the individuals carrying out the destruction and the date on which destruction took place. AUTHORITY: sections 313.004, 313.807, and 313.817, RSMo 2016, and section 313.805, RSMo Supp. 2023.* Emergency rule filed Sept. 1, 1993, effective Sept. 20, 1993, expired Jan. 17, 1994. Emergency rule filed Jan. 5, 1994, effective Jan. 18, 1994, expired Jan. 30, 1994. Original rule filed Sept. 1, 1993, effective Jan. 31, 1994. Amended: Filed May 13, 1998, effective Oct. 30, 1998. Amended: Filed June 29, 2023, effective Feb. 29, 2024. *Original authority: 313.004, RSMo 1993, amended 1994, 2014; 313.805, RSMo 1991, amended 1992, 1993, 1994, 2000, 2008, 2010, 2021, 2022; 313.807, RSMo 1991, amended 1993, 2000, 2012; and 313.817, RSMo 1991, amended 1992, 1993, 2000, 2008, 2014, 2016.