La. Admin. Code tit. 42 § III-2121

Current through Register Vol. 50, No. 11, November 20, 2024

Section III-2121 - Form of Application for a License

A. An application for a license or finding of suitability shall be filed by way of forms prescribed by and obtained from the board or division. Such forms may include, but are not limited to:

1. information regarding the background of the applicant;

2. a financial statement;

3. a statement disclosing the nature, source, and amount of any financing, the proposed uses of all available funds, the amount of funds available after opening for the actual operation of the casino, and economic projections for the first three years of operation of the casino;

4. an affidavit of full disclosure, signed by the applicant;

5. an authorization to release information to the board and division, signed by the applicant;

6. a standard bank confirmation form, signed by the applicant;

7. a release of all claims, signed by the applicant; and

8. a security statement explaining the type of security procedures, practices, and personnel to be utilized by the applicant.

B. All applications are to contain a properly notarized oath wherein the applicant states that:

1. the information contained therein is true and correct;

2. the applicant has read the Act and these rules, and any other informational materials supplied by the division; and

3. the applicant agrees to comply with these rules and the Act.

C. Failure to comply with the provisions of this Section may constitute grounds for delaying consideration or for denial of the application.

La. Admin. Code tit. 42, § III-2121

Promulgated by the Department of Public Safety and Corrections, Gaming Control Board, LR 38:1613 (July 2012).

AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15 and 24.