The conservatorship shall serve at the pleasure of the commission and shall continue until terminated by the commission:
- (1) upon the award of a new gaming license pursuant to 205 CMR 131.02; or
- (2) upon the voluntary resignation of the conservator in which case the commission shall appoint a new conservator in accordance with 205 CMR 130.00; or
- (3) upon a non-reviewable finding by the commission to appoint a replacement in accordance with this 205 CMR 130.00.
REGULATORY AUTHORITY
205 CMR 130.00: M.G.L. c. 23K, §§ 4(19), 4(37), 5, 12, 30(i), and 34.