Mo. Code Regs. Ann. tit. 12, § 40-40.150
Change of Information
Effective Jun 30, 2018section 313.220, RSMo 2016.* Original rule filed Sept. 4, 1985, effective Sept. 14, 1985. Amended: Filed July 15, 2014, effective Feb. 28, 2015. Amended: Filed Dec. 27, 2017, effective June 30, 2018. *Original authority: 313.220, RSMo 1985, amended 1988, 1993, 1995, 2003State Lottery
PURPOSE: This rule requires licensees to notify the director of certain changes in their businesses.
(1) The licensee must notify the director of any of the following changes in his/her business:
- (A) Any change of business structure;
- (B) Changes of ownership for corporations (sale of ten percent (10%) or more of the equity);
- (C) Changes in the officers; and
- (D) Changes in the board of directors.
- (2) The director shall require additional information when it is necessary to conduct background information on any persons added to the business. The director may require a payment for any required investigation under this rule.
- (3) The director may require a new contract on the basis of the factors set forth in 12 CSR 40-40.090.
AUTHORITY: section 313.220, RSMo 2016.* Original rule filed Sept. 4, 1985, effective Sept. 14, 1985. Amended: Filed July 15, 2014, effective Feb. 28, 2015. Amended: Filed Dec. 27, 2017, effective June 30, 2018. *Original authority: 313.220, RSMo 1985, amended 1988, 1993, 1995, 2003.