Mich. Admin. Code R. 432.1827 - Receipt of gaming chips or tokens from manufacturer or distributor
Rule 827.
(1) When
chips or tokens are received from the manufacturer or distributor, they shall
be opened and checked by not less than 2 employees of a casino licensee from
different departments. A casino licensee shall promptly report, to the board,
any deviation between the invoice accompanying the chips or tokens and the
actual chips or tokens received or any defects found in the chips or tokens.
The supplier licensee shall give the board prior notification of the delivery
of chips or tokens to a casino licensee. A casino licensee shall not accept the
delivery of tokens or chips unless the board has been given prior notification
of the delivery.
(2) After checking
the chips received, a casino licensee shall cause to be reported, in a chip
inventory ledger, all of the following information:
(a) The denomination of the chips
received.
(b) The number of each
denomination of chip received.
(c)
The number and description of all nonvalue chips received.
(d) The date of the receipt.
(e) The signature of the individuals who
checked the chips.
(3)
If any of the chips received are to be held as reserve chips and not utilized
either at the gaming tables or at a cashier's cage, then a licensee shall
ensure that the chips are stored in a separate locked compartment either in the
vault or in a cashier's cage and are recorded in the chip inventory ledger as
reserve chips.
(4) A licensee shall
ensure that any chips received that are part of the secondary set of chips of
the casino are recorded in the chip inventory ledger as secondary chips and are
stored in a locked compartment in the casino vault separate from the reserve
chips.
Notes
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