Michigan Laws 432.146 – Application for supplier to millionaire party; form; fee; list of dealers; report of supplier activity; conspiracy prohibited
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 432.146
- Dealer: means an individual who does any of the following in a millionaire party game:
(i) Performs the act of dealing. See Michigan Laws 432.132Executive 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 Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC Fraud: Intentional deception resulting in injury to another. 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 Supplier: means a person licensed under this act to rent, sell, or lease equipment or to sell charity game or numeral game tickets to qualified organizations licensed under this act. See Michigan Laws 432.103a
(1) A person that applies for a license or renewal of a license to operate as a supplier to millionaire party licensees shall submit a written application to the executive director on a form prescribed by the executive director.
(2) An applicant under this section shall pay an annual license fee of $300.00 at the time of the application.
(3) If an applicant under this section wishes to provide dealers to millionaire party licensees, the applicant shall include with its application a list containing the name of each individual who will work for the applicant as a dealer at millionaire parties and, as to each individual, whether the individual has been convicted of, forfeited bond on a charge of, or pled guilty to any of the following:
(a) A felony.
(b) A gambling offense.
(c) Criminal fraud.
(d) Forgery.
(e) Larceny.
(f) Filing a false report with a governmental agency.
(4) If, after the application is submitted as described in subsection (1) or after the suppliers license is issued, there are any changes in the individuals who will work for the supplier as dealers at millionaire parties, the applicant or supplier shall immediately provide an updated list containing all of the information required under subsection (3).
(5) A supplier licensed under this section shall submit to the executive director reports as required by the executive director regarding the supplier’s activities under this article.
(6) A supplier’s license expires at 12 midnight on September 30 of each year.
(7) A person shall not obtain a supplier license on behalf of another person. A person shall not have another person obtain a supplier license on the person’s behalf. A person, other than a person approved by the executive director, shall not directly or indirectly receive a payment from, pay an expense for, or have an ownership or equity stake in, a supplier.
(8) Two or more persons shall not conspire for 1 or more persons to obtain a supplier’s license for the purpose of allowing any person who is not a supplier to enjoy the benefits of the license.