N.J. Admin. Code § 13:69C-2.9

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:69C-2.9 - Holding companies, intermediary companies, entity qualifiers, and subsidiaries

(a) Each casino licensee or applicant or holding company thereof shall report immediately, in writing, to the Division, at its address set forth in N.J.A.C. 13:69-3.5(a), the formation or dissolution of, or any transfer of a nonpublicly traded interest in, any holding company, intermediary company, an entity qualifier, or a subsidiary of the casino licensee or applicant or any subsidiary of any holding company of the casino licensee or applicant which bears any financing relationship to the casino project and, in the instance of a casino license applicant, with a copy to the Commission at its address set forth in N.J.A.C. 13:69-3.5(a).

(b) Each casino licensee or applicant shall file with the Division adopted charter provisions that comply with the requirements of N.J.S.A. 5:12-82d(7) through (10), as applicable, for each holding company, intermediary company and subsidiary of the casino licensee or applicant and, in the instance of a casino license applicant, a copy of such filing shall be submitted to the Commission at its address set forth in 13:69-3.5(a).

Amended by 50 N.J.R. 599(a), effective 1/16/2018