Illinois Administrative Code
Title 11 - ALCOHOL, HORSE RACING, LOTTERY, AND VIDEO GAMING
Part 402 - CONCESSIONAIRE RULES
Section 402.60 - Application Contents, Substantial Owners
Universal Citation: 11 IL Admin Code ยง 402.60
Current through Register Vol. 48, No. 38, September 20, 2024
a) Each application for an occupation license as a concessionaire shall be on forms prescribed by the Board. If the applicant is a corporation, the application shall disclose, among other things, the names and addresses of its directors, officers, and owners of substantial beneficial interest and shall state whether any of these individuals:
1) has been convicted of a crime;
2) has been found guilty of a violation of
the Illinois Horse Racing Act of 1975 or the rules and regulations of the
Board; or
3) has had a permit or
license to operate as a concessionaire at any race track or intertrack wagering
facility in any other state suspended, revoked or denied.
b) A person owning 5% or more of the equity of an applicant shall be considered a substantial owner for the purposes of this Section.
Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
