R 432.303

R 432.303 Principal officer responsibilities.

Last amended: 2014Year: 2026Length: 172 wordsOfficial source

Cite as Mich. Admin. Code R 432.303

Rule 303. (1) The principal officer of a qualified organization submitting an application shall be 18 years of age or older. (2)The principal officer of the qualified organization shall be responsible for all of the following: (a) Ensuring the qualified organization’s full accountability for all gaming assets including, but not limited to, cash, prizes, imitation money or chips, and all funds derived from the millionaire party. (b) Ensuring the millionaire party is conducted in accordance with the act, these rules, terms of probation, directives, public policy of the state of Michigan and any other local, state, and federal laws or regulations. (c) Ensuring that all records related to the millionaire party are current and accurate. (d) Reviewing all reports and correspondence from the executive director. (e) Signing and ensuring that the financial statement from the millionaire party is submitted to the executive director as prescribed by R 432.321. (f) Responding in writing to violation notices as prescribed by R 432.105(2). (g) Ensuring that all workers are qualified to work the millionaire party.
R 432.303: R 432.303 Principal officer responsibilities. | Justis AI