R 432.12
R 432.12 Stolen tickets.
Cite as Mich. Admin. Code R 432.12
Rule 12. A retailer is responsible for all tickets consigned to him or her. If tickets are
stolen, then the retailer shall report the theft to the bureau and to local or state police
authorities. The retailer shall pay for the stolen tickets on the settlement date. The
retailer shall subsequently file a statement swearing to or affirming, under the penalty of
perjury, the facts of the case. The retailer shall furnish to the bureau a copy of the
police report covering the theft. Following an investigation by the bureau and police
authorities, the bureau may issue a refund to the retailer. Refunds may only be issued
if losses to the bureau have been mitigated by retailer's actions in reporting the
tickets stolen and the retailer's appropriate accounting of the tickets stolen.