Current through Vol. 24-19, November 1, 2024
Section R. 432.11306 - Issuance of markersRule 1306. A casino licensee shall establish procedures for the computerized or manual issuance of markers, including, at a minimum, all of the following:
(a) A designation of the licensed occupational positions that are authorized to issue markers and a description of their duties.(b) A description of where markers can be issued.(c) A description of the marker and the information and signatures required to authorize the marker. Both of the following provisions specify requirements for a marker: (i) A casino licensee shall submit the form of its markers to the board prior to its use.(ii) The form must be a 3-part, numbered form.(iii) The marker shall include, but not be limited to, all of the following information: (A) Patron's name and casino account number.(B) Dollar amount of the marker.(C) Casino marker number.(D) Current time and date.(E) The required signatures.(F) A description of the term of repayment, including the rate of interest, if any.(d) A description of the distribution of each part of the marker.(e) Verification of the patron's identity through identification credentials before the issuance of the marker.(f) Verification of available credit.(g) A description of the recording of the credit transaction.(h) A description of accountability and control over the markers.(i) A computer record and computerized log shall be maintained identifying the information in subdivisions (a) to (h) of this rule for not less than 5 years.(j) Other information deemed necessary by the board to ensure compliance with the act and these rules.Mich. Admin. Code R. 432.11306