Mississippi Administrative Code
Title 13 - Gaming
Part 2 - LICENSING
Chapter 5 - CORPORATE LICENSEES
Rule 13-2-5.4 - Compliance With Miss. Code Ann. Section 75-76-211

Universal Citation: MS Code of Rules 13-2-5.4

Current through September 24, 2024

(a) The Commission may request persons, affiliated entities and greater than 5% equity owners to submit an application for finding of suitability pursuant to Miss. Code Ann. Section 75-76-211(1972).

(b) Any person, entity and greater than 5% equity owner required or requested to submit an application for finding of suitability to the Commission must submit such within the thirty (30) days provided by Miss. Code Ann. § 75-76-211. The term Entity includes, but is not limited to, corporation, general partnership, limited partnership, limited liability company, revocable trust and irrevocable trust.

(c) Any person, entity and greater than 5% equity owner may be found unsuitable by the Commission and it shall constitute grounds for denial of any subsequent application by such person, entity and greater than 5% equity owner. The corporate licensee may be deemed to have failed to require the submission of an application for finding of suitability by such person, entity and greater than 5% equity owner in violation of Miss. Code Ann. § 75-76-211.

(Adopted: 09/25/1991.)

Miss. Code Ann. § 75-76-211

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