(a) Except as otherwise provided by Section 2027.002 of the Act, an association may not accept a wager made by mail, by telephone, or by internet. A data communications link for common pooling purposes is not considered a wager for purposes of this section.
(b) An association may not accept a wager made on credit.
Source Note: The provisions of this §321.21 adopted to be effective April 1, 2001, 26 TexReg 2158; amended to be effective October 3, 2005, 30 TexReg 6262; amended to be effective March 27, 2024, 49 TexReg 1915