13 Miss. Code. R. 3-7.4 - Mandatory Requirements
(a) Every
agreement, including any agreement of employment, entered into by a licensee
and a junket representative shall be conditioned as follows:
1. If the Commission determines the junket
representative is unsuitable, the agreement shall thereupon terminate unless
otherwise ordered by the Commission.
2. The agreement is not effective and the
junket representative is not entitled to and may not be paid any compensation
until the licensee receives notice that the Executive Director has granted a
junket representative permit to the junket representative.
(b) Annually, on or before July 15, each
junket representative shall file a list of all secondary representatives on a
form furnished or approved by the Executive Director. Each licensee shall send
a notice annually, on or before June 1, to each junket representative under
contract with it, advising the junket representative of the requirements of
this section.
(c) Any changes in
the junket representative's address, telephone number, officers, directors,
shareholders or partners and any changes, additions, or deletions to the list
of secondary representatives or arrests or convictions of any junket
representative, its officers, directors, shareholders, partners or secondary
representatives contained within the annual report or the initial submission
required under section 2 of this regulation shall be reported by the junket
representative to the Executive Director within thirty days thereof.
Notes
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