Section R. 432.11209 - Deposits of wagering taxRule 1209.
(1) A casino licensee shall maintain an account at a designated financial institution that is capable of handling electronic fund transfers.(2) A casino licensee shall, with the agreement of the board, select a 24-hour cycle that shall be defined as the business day for the purpose of establishing the tax schedule and tax liability due dates.Mich. Admin. Code R. 432.11209