In addition to filing a completed personal history record and personal financial questionnaire, along with all required releases and fingerprint cards, each limited partner applying for approval of delayed licensing shall provide the following information:

1. (1) A listing of any other business interest between the applicant and a general partner existing prior to, at the time of, or after the formation of the limited partnership;
2. (2) Whether the applicant has a familial relationship, either by blood, marriage, or adoption, with a general partner; and

3. (3)

   1. (A) A certification that the applicant does not have and will not have a material relationship to, or material involvement with, a general partner of the limited partnership with respect to gaming operations of the limited partnership, except in another licensed capacity under Arkansas Racing Commission rules in accordance with commission rules.
   2. (B) A person may be deemed to have a material relationship to, or material involvement with, a general partner if the person is a shareholder, controlling person, or key employee of a legal entity that is a general partner, or if the person, as an agent, consultant, advisor, or otherwise, exercises a significant influence upon the management or affairs of such general partner.