Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 09. Maryland Department of Labor |
Subtitle 10. RACING COMMISSION |
Chapter 09.10.05. Satellite Simulcast Betting |
Sec. 09.10.05.13. Changes in Ownership in Permittee
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A. A permittee or a purchaser of an interest in the permittee shall notify the Commission of a change in the ownership, or a change in the composition of the ownership, of the permittee within 24 hours of the change.
B. After reviewing the change, the Commission shall make a determination to continue or revoke the permit based on the criteria used in issuing a permit.