R 432.1314
R 432.1314 Required notification of anticipated or actual changes in directors, partners, and officers of casino licensees and holding companies.
Cite as Mich. Admin. Code R 432.1314
Rule 314. A person that applies for or holds a casino license or a holding company,
affiliate, or other person that has control of a person that applies for or holds a casino license
shall notify the board, in writing, as soon as is practicable, of the appointment,
nomination, election, resignation, incapacitation, or death of any member of, or partner
in, its board of directors or partnership or of any officer or key person who is directly
involved in the management or conduct of gambling operations or casino operations
in Michigan. A publicly traded corporation shall be considered to have complied with
this rule if it has complied with the reporting requirements in R 432.1406.