LAC 42:III.1703. Ownership of Licenses and Permits

A. Licenses and permits issued by the board or division as provided in the Act are and shall remain the property of the board or division at all times. B. A license shall be issued in the name of the owner of the riverboat or of the eligible facility. One license will be issued for each riverboat or eligible facility with a designated gaming area even though multiple individuals may file or be required to file applications related thereto. C. All licenses and permits shall be surrendered to the board or division upon their expiration or revocation at which time they will be destroyed unless needed for a pending investigation.