Current through Vol. 24-22, December 15, 2024
Section R. 432.621c - Required notification of formation, dissolution, or transfer of subsidiariesRule 621c.
(1) An internet gaming operator or internet gaming supplier applicant or licensee, affiliate that has control of an internet gaming operator applicant or licensee, or other person that has control of an internet gaming operator or internet gaming supplier applicant or licensee, must report, in writing, to the board, as soon as practicable, the formation or dissolution of, or any transfer of, a nonpublicly traded or publicly traded interest in an internet gaming operator or internet gaming supplier applicant or licensee, affiliate that has control of an internet gaming operator applicant or licensee, or other person that has control of an internet gaming operator or internet gaming supplier applicant or licensee.(2) A publicly traded corporation is considered to have complied with this rule if it has complied with the reporting requirements in R 432.621d.Mich. Admin. Code R. 432.621c
2020 MR 22, Eff. 12/2/2020