Mich. Admin. Code R. 432.725a - Persons required to be found eligible and suitable
Rule725a.
(1) The
board shall not issue or renew a sports betting operator license or sports
betting supplier license unless every person required by the act and these
rules as part of the application for issuance or renewal of the license has
first been determined by the board to be eligible and suitable in accordance
with the relevant licensing standards set forth in the act and these
rules.
(2) Unless otherwise
prescribed by the board, the following persons are required to be found
eligible and suitable as part of the application for the issuance, or request
for renewal, of a sports betting operator license or sports betting supplier
license:
(a) A person who is required to
apply for a sports betting operator license or sports betting supplier license
under the act and these rules.
(b)
A person who is included in the term "applicant" as defined in section 2 of the
act, MCL 432.403.
(c) A person who
is a key person.
(3) A
person required to be found eligible and suitable as part of the application
for issuance or renewal of a sports betting operator license or sports betting
supplier license must complete and file with the board an application and
required disclosure forms in the manner and form prescribed by the
board.
(4) A person that applies
for or holds a sports betting operator or sports betting supplier license must
ensure that all persons who are required by the act and these rules to
establish their eligibility and suitability as part of the applicant's
application for the issuance, or the licensee's maintenance or renewal, of the
sports betting operator license or sports betting supplier license have filed,
with the board, all required applications, reports, and disclosure forms in the
manner and form prescribed by the board.
Notes
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