R 432.1105
R 432.1105 Definitions; M to O.
Cite as Mich. Admin. Code R 432.1105
Rule 105. As used in these rules:
(a) "Main bank" means the casino department that is responsible for at least all of the
following:
(i) Cashing customer checks.
(ii) Establishing hold check privileges.
(iii) Redeeming chips.
(iv) Providing working funds to all operational departments.
(v) Deposits of front money.
(vi) Maintaining custody of all inventory.
(vii) Processing markers.
(viii) Assuming responsibility for all of the following individuals and physical
structures:
(A) Casino cashiers.
(B) Change attendants.
(C) Main bank vault or vaults.
(D) Any other structure that houses chips or other representatives of value that the
main bank is accountable for.
(b) "Marker" means an electronic or written document that evidences an extension of
credit to a patron by the casino licensee, including any writing taken in consolidation,
redemption, or payment of a previous marker.
(c) "Multigames" means an EGD that offers a menu of more than 1 gambling game to
the player.
(d) "Nominee" means a person that holds, as owner of record, the legal title to tangible
or intangible personal or real property, including, without limitation, any of the following:
(i) A stock.
(ii) A bond debenture.
(iii) A note.
(iv) An investment contract.
(v) Real estate on behalf of another person. A nominee is designated and authorized
to act on behalf of another person with respect to the property.
(e) "Nonvalue chip" means a chip which is clearly and permanently impressed,
engraved, or imprinted with the name of the casino licensee, but which does not bear a
value designation.