Mich. Admin. Code R. 432.547

Current through Vol. 24-15, September 1, 2024
Section R. 432.547 - Fantasy contest player dormant accounts

Rule 547. A fantasy contest operator or licensed management company shall consider a fantasy contest player account to be dormant if the fantasy contest player has not logged into the fantasy contest player account for at least 3 years. A dormant fantasy contest player account must be closed by the fantasy contest operator or licensed management company. Any balance remaining in a dormant fantasy contest player account must be refunded or escheated in accordance with the fantasy contest operator's or licensed management company's procedures and internal controls.

Mich. Admin. Code R. 432.547

2023 MR 20, Eff. 10/11/2023