5.05.230 Required information – Business entities.
In addition to the information required under this chapter, the Commission shall request from an applicant that is a business entity all of the following information; provided, that two or more business entities having a commonality of the characteristics identified in the following subsections (A) through (D) of this section, inclusive, may be deemed to be a single business entity:
A. Each of its officers and directors;
B. Each of its principal management employees, including any chief executive officer, chief financial officer, chief operating officer, and general manager;
C. Each of its owners or partners, if an unincorporated business;
D. Each of its shareholders who owns more than 10 percent of the shares of the corporation if a corporation;
E. Each person or entity (other than a financial institution that the Commission has determined does not require a license under subsection 6.4.6 of the Compact) that, alone or in combination with others, has provided financing to the business entity in connection with any gaming authorized under the Compact, if that person or entity provided more than 10 percent of:
1. The start-up capital;
2. The operating capital over a 12-month period; or
3. A combination thereof. [Amended 4/12/04; Ord. 08-03 Art. IX § 10, approved 11/8/03.]