Section 432.135 – Compliance Required; Assignability or Transferability.
432.135 Compliance required; assignability or transferability. Sec. 35. (1) A millionaire party licensee shall comply with this act and the rules promulgated under this act. (2) A millionaire party licensee shall comply with the terms and requirements of the license. (3) A millionaire party license is not assignable or transferrable, and a licensee shall not […]
Section 432.136 – Advertising of Millionaire Party.
432.136 Advertising of millionaire party. Sec. 36. (1) A millionaire party licensee may advertise the event if the advertising complies with rules promulgated under this article. (2) An advertisement under this section must state the purposes for which the proceeds from the event will be used. History: Add. 2019, Act 159, Imd. Eff. Dec. 20, […]
Section 432.137 – Written Rental Agreement; Requirements; Location Owner or Lessor; Prohibited Conduct.
432.137 Written rental agreement; requirements; location owner or lessor; prohibited conduct. Sec. 37. (1) A millionaire party licensee shall not enter into an agreement with a location owner or lessor unless the agreement is expressed in a written rental agreement that is approved by the executive director. (2) A location owner or lessor, a partner, […]
Section 432.138 – Supplier of Equipment; Approval of Rental Agreement Required.
432.138 Supplier of equipment; approval of rental agreement required. Sec. 38. A millionaire party licensee shall only conduct an event with equipment that it owns, rents from another qualified organization under a rental agreement approved by the executive director, or purchases or rents from a supplier. History: Add. 2019, Act 159, Imd. Eff. Dec. 20, […]
Section 432.139 – Limitation on Dealers; Compliance Required.
432.139 Limitation on dealers; compliance required. Sec. 39. (1) A millionaire party licensee shall use only the following as dealers at an event: (a) A bona fide member. (b) An employee of a supplier. (2) An individual shall not act as a dealer if the individual has been convicted of, forfeited bond on a charge […]
Section 432.140 – Bona Fide Members; Presence Required; Duties of Members; Prohibited Conduct.
432.140 Bona fide members; presence required; duties of members; prohibited conduct. Sec. 40. (1) The executive director shall not require more than 2 bona fide members of the millionaire party licensee, not including any bona fide member acting as a dealer, to be present at all times during an event. (2) If fewer than 2 […]
Section 432.141 – Millionaire Party Licensee; Requirements; Prohibited Conduct; Individual Less Than 18 Years Old; Alcoholic Beverages; Limitation on Exchange for Imitation Money or Chips; Conduct of Charity Game or Numeral Game.
432.141 Millionaire party licensee; requirements; prohibited conduct; individual less than 18 years old; alcoholic beverages; limitation on exchange for imitation money or chips; conduct of charity game or numeral game. Sec. 41. (1) A millionaire party licensee shall ensure that an event conducted under the license is conducted in compliance with this act and the […]
Section 432.142 – Payment of Expenses; Compensation.
432.142 Payment of expenses; compensation. Sec. 42. (1) A millionaire party licensee shall not pay an expense related to an event unless all of the following apply: (a) The expense is incurred in connection with the conduct of the event. (b) The expense is necessary and reasonable and falls into 1 of the following categories […]
Section 432.132 – Definitions; B to L; Application of Definitions in Article 1.
432.132 Definitions; B to L; application of definitions in article 1. Sec. 32. (1) As used in this article: (a) “Bona fide member” means a member who participates in the qualified organization to further its lawful purposes and the spouse of such a member. (b) “Dealer” means an individual who does any of the following […]