(1) Chips must be of conventional size and design that maximize the integrity of the card games. Chips must be identifiable as belonging to the licensee and must:

(a) Include the house name or logo; and

(b) Denote the chip value; and

(c) Be made by a licensed manufacturer; and

(d) Be purchased from a licensed manufacturer or distributor.

(2) Nonhouse-banked card game licensees that do not charge a fee to play are exempt from subsection (1) of this section.

(3) Card game licensees must:

(a) Safeguard all chips in their possession; and

(b) Not allow any other person to buy or sell chips for use in card games on their premises.

(4) Nonhouse-banked card game licensees that charge a fee to play and have five or fewer tables may use chips without a house name or logo if the chips are identifiable as belonging to the licensee and they prominently post values of the chips in the card room.