Michigan Laws 432.142 – Payment of expenses; compensation
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Terms Used In Michigan Laws 432.142
- Equipment: means the objects and mechanical, electromechanical, or electronic devices used to determine or assist in determining the winners of prizes at an event. See Michigan Laws 432.102
- Event: means , in article 1, an occasion of bingo games, a raffle, a charity game, or a numeral game conducted under a license issued under article 1, and in article 2, an occasion of a millionaire party conducted under a license issued under article 2. See Michigan Laws 432.102
- Executive director: means the executive director of the board, appointed under section 4 of the Michigan gaming control and revenue act, 1996 IL 1, MCL 432. See Michigan Laws 432.102
- in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
- Licensee: means a person, including a qualified organization, licensed under this act. See Michigan Laws 432.103
- Location: means a building, enclosure, part of a building or enclosure, or a distinct portion of real property that is used for the purpose of conducting an event. See Michigan Laws 432.103
- Millionaire party: means an event at which wagers are placed on games of chance customarily associated with a gambling casino through the use of imitation money or chips that have a nominal value equal to or greater than the value of the currency for which they can be exchanged. See Michigan Laws 432.103
- Person: means an individual, firm, association, corporation, or other legal entity. See Michigan Laws 432.103a
(1) A millionaire party licensee shall not pay an expense related to an event unless all of the following apply:
(a) The expense is incurred in connection with the conduct of the event.
(b) The expense is necessary and reasonable and falls into 1 of the following categories of expense:
(i) The purchase or rental of equipment necessary for conducting the event and payment of services reasonably necessary for the repair of equipment.
(ii) Cash prizes or the purchase of prizes of merchandise.
(iii) Rental of the location at which the event is conducted. The rental expense must not exceed $250.00 for each event day.
(iv) Janitorial services.
(v) The fee required for issuance or reissuance of a license to conduct the event.
(vi) Other reasonable expenses incurred by the licensee, not inconsistent with this act, as permitted by rule promulgated under this act.
(c) The expense is itemized.
(d) The expense is approved by the executive director in writing before the event.
(2) A millionaire party licensee shall not accept any compensation in connection with an event unless the compensation is expressly authorized by this article or a rule promulgated under this article.
(3) A millionaire party licensee shall not expend more than 45% of the gross profit from an event to pay expenses incurred in connection with the event.
(4) A person shall not accept any commission, salary, pay, profit, or wage for participating in the management or operation of a millionaire party except as allowed under a rule promulgated under this act.