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Arizona Arizona Revised Statutes

§ 5-1204 — Financial responsibility

ARS § 5-1204Title 5. Amusements and Sports · Ch. 10. FANTASY SPORTS CONTESTS · Art. 1. General Provisions

Statute text

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5-1204. Financial responsibility On or before July 1 of each year, a licensed fantasy sports contest operator shall contract with a certified public accountant to perform an independent audit in accordance with generally accepted accounting principles of the financial condition of the licensed fantasy sports contest operator's total operation for the previous fiscal year and to ensure compliance with this chapter and for any other purpose as prescribed by rule. Not later than one hundred eighty days after the end of the fantasy sports contest operator's fiscal year, a licensed fantasy sports contest operator shall submit the audit results under this section to the department. The results of an audit submitted to the department under this section are confidential and privileged and are not subject to disclosure as provided in title 39, chapter 1, article 2.

Source: Arizona Arizona Revised Statutes § 5-1204 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.