| | |
chapter 5, may revoke any license issued at any time for violation | | of the commission's rules or licensing provisions upon notice and | hearing. A license issued under this section is transferable or | assignable as long as the commission finds that the transferee or | assignee satisfies all elements for the issuance of the license | being transferred or assigned. A | | revoked, subject to Title 5, chapter 375, upon a change in | | ownership, legal or equitable, of 50% or more of the voting stock | of a corporation licensed under this section constitutes a | transfer of the license | | harness horse race or meet for public exhibition without a new | | license. |
|
| | | Sec. B-4. 8 MRSA §§296 and 297, as enacted by IB 2003, c. 1, §4, are | | repealed. |
|
| | | Sec. B-5. 8 MRSA c. 30, as amended, is repealed. |
|
| | | Sec. B-6. 22 MRSA §1511, sub-§10, as enacted by IB 2003, c. 1, §6, is | | repealed. |
|
| | | Sec. B-7. 25 MRSA §3902, sub-§4, as enacted by IB 2003, c. 1, §7, is | | repealed. |
|
| | | Sec. B-8. Board to rule on license. By September 30, 2004, the | | Department of Public Safety, Gambling Control Board established | | in the Maine Revised Statutes, Title 8, chapter 31 shall make a | | final determination on applications submitted to the board for | | licenses to distribute slot machines and licenses to operate slot | | machines and all related required licenses in accordance with | | Title 8, chapter 31 absent any circumstances beyond the control | | of the board that would prohibit the board from making a final | | determination. An applicant for a license to operate slot | | machines shall act in good faith to comply with all application | | requirements in a timely manner. |
|
| | | Sec. B-9. Statement of intent. It is the intent of the Legislature | | that this Act amend Initiated Bill 2003, chapter 1. This Act | | establishes the Gambling Control Board within the Department of | | Public Safety with authority over all slot machine licensing and | | distribution and registration. It is the intent of the | | Legislature that all slot machine operators and slot machine | | distributors be licensed by the Gambling Control Board pursuant | | to the Maine Revised Statutes, Title 8, chapter 31. The | | Legislature intends that the amendment effected by this Act be | | effective on or prior to the effective date of the initiated | | bill. It is further the intent of the Legislature that this bill | | extinguish any right, title or interest, whether vested or | | inchoate, in any license, | | registration, permit, privilege or |
|
|
