Mich. Admin. Code R. 432.1311 - Required insurance
Rule 311.
(1) A
casino licensee shall obtain and maintain insurance necessary to assure that
the licensee or holder of a certificate of suitability is adequately insured to
protect itself against the potential liabilities of constructing, owning, and
operating a casino and related casino enterprises and conducting a gambling
operation. A licensee shall obtain and maintain the following types of
insurance or reasonable equivalent while holding a casino license:
(a) Liability insurance.
(b) Casualty insurance.
(c) Fire insurance.
(d) Theft insurance.
(e) Worker's compensation
insurance.
(2) If a
licensee, at any time, fails to maintain sufficient insurance while holding a
certificate of suitability or a casino license, then the board may initiate
disciplinary action against the licensee or holder of a certificate of
suitability.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.