205 CMR, § 116.05 - Notification of New Financial Sources
(1) Each
Category 1 and Category 2 applicant or licensee shall immediately notify the
commission, in writing, as soon as it becomes aware that it intends to enter
into a transaction bearing any relation to its gaming establishment project
that may result in new persons involved in the financing of the gaming
establishment.
(2) Upon receipt of
a notice under 205 CMR 116.05(1), the commission shall refer the matter to the
bureau for appropriate handling, including, but not limited to, a notice to the
new financial source requiring the filing of an appropriate application and the
subsequent investigation of that application.
Notes
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