{"data":{"id":"us-tn/tenn.-code-ann.-4-51-310","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 4-51-310","heading":"Financial practices — Audits of licensees — Post-employment restrictions.","body":"The board shall prescribe by rule:\n(1) Minimum requirements by which each licensee must exercise effective control over its internal fiscal affairs, including, without limitation, requirements for:\n(A) Safeguarding assets and revenues, including evidence of indebtedness;\n(B) Maintenance of reliable records relating to accounts, transactions, profits and losses, operations, and events; and\n(C) Global risk management;\n(2) Requirements for internal and independent audits of licensees;\n(3) The manner in which periodic financial reports must be submitted to the board from each licensee, including the financial information to be included in the reports;\n(4) The type of information deemed to be confidential financial or proprietary information that is not subject to any reporting requirements under this part;\n(5) Policies, procedures, and processes designed to mitigate the risk of cheating and money laundering; and\n(6) Any post-employment restrictions necessary to maintain the integrity of sports wagering in this state.","path":["Title 4 State Government","Chapter 51 Tennessee Education Lottery Implementation Law","Part 3 Tennessee Sports Gaming Act"],"source_url":"https://archive.org/download/gov.tn.tca/release76.2021.05.21/gov.tn.tca.title.04.odt","current_through":"2021-05-21","vintage":"Tennessee Code Release 76 (2021-05), retrieved 2026-09-17; absent from the newer snapshot, which serves other sections of this chapter, so it may since have been repealed or amended","retrieved_at":"2026-09-17T21:52:17Z","sha256":"5fba1fa60924ccd6db7b5a5750fbe651e6907b58b408b5c24b5a6d21a66570b1","source_id":"us-tn","stale":true,"prev":"us-tn/tenn.-code-ann.-4-51-309","next":"us-tn/tenn.-code-ann.-4-51-311"},"notice":"GroundRules: Original legal text. Not legal advice."}