Mich. Admin. Code R. 432.721g

Current through Vol. 24-19, November 1, 2024
Section R. 432.721g - Application for transfer of ownership

Rule 721g.

(1) A person desiring to acquire an ownership interest in a person applying for or holding a sports betting operator license or sports betting supplier license must complete and submit application and disclosure forms, in the manner and form prescribed by the board.
(2) A person desiring to acquire an interest in a person applying for or holding a sports betting operator license or sports betting supplier license must present evidence that the person desiring to acquire the interest is eligible and suitable under the standards and criteria for licensure set forth in the act and these rules.
(3) A person applying for or holding a sports betting operator license or sports betting supplier license that is attempting to transfer an ownership interest must submit any information or documentation considered necessary by the board to ensure compliance with the act and these rules.

Mich. Admin. Code R. 432.721g

2020 MR 22, Eff. 12/2/2020