Section R. 432.1221 - Mandatory contract notificationRule 221.
(1) A casino licensee or casino license applicant shall notify the board, in writing, as soon as practicable, after entering into a contract, transaction, or series of transactions in an amount which is more than $500,000.00 or which is reasonably anticipated to be more than $500,000.00 in any 12-month period. The written notice shall be on forms prescribed by the board and shall contain, at a minimum, the information in R 432.1220.(2) A casino licensee or casino license applicant shall include a contract described in this rule in the quarterly and annual reports submitted under R 432.1220.Mich. Admin. Code R. 432.1221
1998-2000 AACS; 2019 MR 9, Eff. 5/17/2019