Tennessee § 4-51-327 - Investigations by board.

§ 4-51-327. Investigations by board.

The board, utilizing security personnel of the corporation, shall conduct investigations to determine whether: A licensee is accepting wagers from minors or other persons ineligible to place wagers in this state; and A person is unlawfully accepting wagers from another person without a license or at a location in violation of this part. After a hearing under § 4-51-326, if the board finds that: A licensee is accepting wagers from minors or other persons ineligible to place wagers in this state, the board shall impose a fine against the licensee in the following amount: For a first offense, one thousand dollars ($1,000); For a second offense, two thousand dollars ($2,000); and For a third or subsequent offense, five thousand dollars ($5,000); and A person is unlawfully accepting wagers from another person without a license, the board shall impose a fine against the person in the following amount: For a first offense, ten thousand dollars ($10,000); For a second offense, fifteen thousand dollars ($15,000); and For a third or subsequent offense, twenty-five thousand dollars ($25,000). This section does not prohibit the board from suspending, revoking, or refusing to renew the license of a licensee in accordance with § 4-51-326. Acts 2019, ch. 507, § 1. Compiler's Notes. Acts 2019, ch. 507, § 7 provided that the act take effect July 1, 2019, the public welfare requiring it. The act was returned without the governor's signature and became effective under the provisions of Tenn. Const., art. III, § 18. Effective Dates. Acts 2019, ch. 507, July 1, 2019; provided that, for purposes of promulgating rules and carrying out any administrative duties necessary to effectuate the provisions and intent of this act, the act took effect on May 25, 2019. See Compiler’s Notes.