Withdrawals and other debits to accounts
Compiled text through Sep 15, 2021
Register checked through Jul 29, 2026
No later Register activity identified in this check.
Dates and status
- Compiling agency
- Executive Department
- Text status
- Source receipt
- Compiled text through
- Sep 15, 2021
- Register checked through
- July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
- Activity status
- No later Register activity identified in this check.
- Latest notice
- SGC-17-17-00008-A · Adopted rule · Jul 26, 2017
- Source snapshot
- Jun 6, 2026
(a)For all accounts except bearer accounts, withdrawals may be made by completing a request for withdrawal from the account wagering account, consistent with the account wagering licensee’s plan of operation, by only the means set forth in Racing, Pari-Mutuel Wagering and Breeding Law section 1012(5).
(b)Withdrawals can be for all or any portion of the account holder's balance.
(c)The account wagering licensee shall process all requests for withdrawals made via mail within five business days of receiving the request. All other requests for withdrawals shall be processed immediately. If the request is incomplete or required information is missing, the account wagering licensee must notify the account holder of the required information as soon as possible.
(d)If the account does not contain sufficient funds to cover the requested withdrawal, the account wagering licensee shall release the remaining funds and notify the account holder.