Code of Maryland Regulations
Title 09 - MARYLAND DEPARTMENT OF LABOR
Subtitle 10 - RACING COMMISSION
Chapter 09.10.06 - New Racetrack License
Section 09.10.06.16 - Controlling Entity

Universal Citation: MD Code Reg 09.10.06.16

Current through Register Vol. 51, No. 19, September 20, 2024

The application documents shall:

A. State whether another entity has a beneficial ownership in the applicant, as defined in Business Regulation Article, §11-301, Annotated Code of Maryland;

B. Describe the:

(1) Nature of the beneficial ownership, and

(2) Extent of control exercised by the beneficial owner; and

C. Include information and documents required under Regulations .10 -----.15 of this chapter as to each beneficial owner.

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