Key Person Defined

PURPOSE: This rule defines the term key person as it relates to the licensing and conduct of bingo. (1) For the purpose of sections 313.005–313.080, RSMo and rules thereto, the definition key person shall include: (A) An officer, director, trustee, proprietor, managing agent, partner, or general manager of an applicant or licensee; (B) Any individual whose combined direct, indirect, or attributed interest in any publicly traded or privately held supplier or manufacturer applicant or licensee is five percent (5%) or more; and (C) Any individual so designated by the commission or the executive director. (2) The term key person as defined in section (1) is to be applied in the commission’s licensing approval process for the following licenses: (A) Bingo Equipment/Supplies Manufacturer’s license; and (B) Bingo Equipment/Supplies Supplier’s license. (3) Each key person shall submit one (1) set of fingerprints and shall complete a form prescribed and published by the commission with each initial supplier’s or manufacturer’s license application. (4) When requested by the commission in conjunction with a renewal, each key person shall submit one (1) set of fingerprints and shall complete a form prescribed and published by the commission. (5) An entity shall not be issued a license if the result of a background check of any key person of that entity reveals that the person’s involvement in the entity would tend to discredit charitable bingo operations in Missouri. AUTHORITY: sections 313.057 and 313.065, RSMo 2016.* Original rule filed June 30, 2016, effective Feb. 28, 2017. *Original authority: 313.057, RSMo 1984, amended 1986, 1993, 1994, 1996, 2003, 2010 and 313.065, RSMo 1981, amended 1993, 1995.