Mich. Admin. Code R. 432.527 - Renewal of a license
Rule 527.
(1) A
fantasy contest operator license or management company license when issued is
valid for 1 year.
(2) A fantasy
contest operator licensee or management company licensee shall renew its
license every year after receiving its initial license if it intends to
continue conducting business for which the license is required.
(3) To renew a license, a fantasy contest
operator licensee or management company licensee must, at least 30 days before
expiration of its license, submit the annual license renewal fee and
application in the manner and form required by the board.
(4) If the board denies the application for
renewal, it will direct the executive director to issue the licensee a notice
of nonrenewal.
(5) A fantasy
contest operator licensee or management company licensee who is served with a
notice of nonrenewal under this rule may request a contested case hearing as
set forth in these rules.
(6) The
notice of nonrenewal is a finding that the fantasy contest operator licensee or
management company licensee is ineligible or unsuitable for licensure or is
otherwise in violation of the licensing requirements of the act or these rules.
When the board denies an application for renewal, the person is prohibited from
conducting business that would otherwise require licensure.
Notes
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