Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 46. (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.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 432. Gaming § 432.146 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-432-gaming/mi-comp-laws-432-146/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)