R 432.309
R 432.309 Imitation money and chips.
Cite as Mich. Admin. Code R 432.309
Rule 309. (1) During the conduct of a millionaire party, only imitation money or
chips must be used by the participants. Imitation money or chips must be used solely for
wagering or redemption purposes.
(2) Imitation money or chips must not be used for tipping or the purchase of food,
beverages, raffle tickets, charity game tickets, numeral game tickets, or non-gaming items.
(3) Imitation money or chips must only be sold by the millionaire party licensee.
(4) Imitation money or chips must not be sold by dealers.
(5) Imitation money or chips must only be redeemed at authorized redemption areas.
(6) Only imitation money and chips that have received the executive director’s prior
approval may be used at a millionaire party.
(7) The executive director may set the maximum amount of chips or imitation
money that a millionaire party licensee may sell to an individual at a millionaire
party.
(8) Unless otherwise permitted by law, each millionaire party licensee shall not
have more than $20,000.00 in imitation money or chips in a demarcated area.