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CA AB1331
Bill
Status
Failed
2/1/2018
Primary Sponsor
Mike Gipson
Click for details
AI Summary
- Extends the time period for individuals denied or having their gambling license revoked to sell their security in a licensed gambling corporation from 60 to 75 calendar days
- Changes corporate notification requirement for changes in officers, directors, or key employees from 10 business days to 20 calendar days
- Extends the deadline for officers, directors, and key employees to apply for individual gambling licenses from 30 to 40 calendar days after assuming their position
- Applies these extended timelines to individuals required to be licensed under the Gambling Control Act when doing business on behalf of or with a corporation licensed as an owner of a gambling enterprise
Legislative Description
Gambling licenses: corporations.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2018
Committee Referrals
Governmental Organization3/20/2017
Full Bill Text
No bill text available