Mich. Admin. Code R. 432.522

Current through Vol. 24-22, December 15, 2024
Section R. 432.522 - License classifications

Rule 522.

(1) The following licenses may be issued under the act and these rules:
(a) Fantasy contest operator license.
(b) Management company license.
(2) Except as otherwise provided in sections 3(2) to 3(4) of the act, MCL 432.503, a person must hold a fantasy contest operator license before offering fantasy contests in this state.
(3) A person retained by a fantasy contest operator to manage the day-to-day fantasy contest operations of the fantasy contest operator must hold a management company license. Unless otherwise determined by the board, an individual who is an employee of a fantasy contest operator does not require a management company license to manage the day-to-day fantasy contest operations of the fantasy contest operator by which the individual is employed.
(4) A person must hold a management company license before managing the day-to-day fantasy contest operations of a fantasy contest operator. Unless otherwise determined by the board, an individual who is an employee of a fantasy contest operator does not require a management company license to manage the day-to-day fantasy contest operations of the fantasy contest operator by which the individual is employed.

Mich. Admin. Code R. 432.522

2023 MR 20, Eff. 10/11/2023