Warning: For the purposes of Arkansas law, a credit instrument is identical to a personal check and may be deposited in or presented for payment to a bank or other financial institution on which the credit instrument is drawn. Willfully drawing or passing a credit instrument with the intent to defraud, including knowing that there are insufficient funds in an account upon which it may be drawn, is a crime in the State of Arkansas which may result in criminal prosecution in addition to civil proceedings to collect the outstanding debt.
I agree that each draw against my credit line is a separate advance of money by Southland Casino Racing. If I receive the advance before I execute a credit instrument,I promptly will sign a credit instrument in the amount of the advance. I hereby authorize Southland Casino Racing in its sole discretion to apply any and all chips, cash, or cash equivalent I may redeem first to the reduction of any outstanding credit balance, with the remainder, if any, to be returned to me.
I authorize Southland Casino Racing, its subsidiaries, affiliates and agents to complete any of the following missing items on these instruments: (1) the name of the payee, (2) any missing amounts, (3) a date, (4) the name, account number, and/or address and branch of any bank or financial institution, and (5) any electronic encoding of the above items. This information can be for any account from which I now have or may in the future have the right to withdraw funds, regardless of whether that account now exists, or whether I provided the information on the account to Southland Casino Racing.
I authorize Southland Casino Racing to investigate my credit report and to furnish information concerning such credit records to credit reporting agencies and others who may properly receive this information.
I agree to (a) to pay all costs of collection, including attorney’s fees, (b) to waive any requirements of presentment, (c) that the debt for which this credit instrument is issued was incurred in the State of Arkansas, (d) that Arkansas law exclusively applies to this credit instrument and the enforcement thereof, and (e) submit to the exclusive jurisdiction of any court, state or federal, in the State of Arkansas.
I certify that I have reviewed all of the information provided above and that it is true and accurate. I authorize Southland Casino Racing to conduct such investigations pertaining to the above information as it deems necessary for the approval of my credit limit. I certify that I am 21 years of age or older.