Mo. Code Regs. tit. 11 § 45-51.060

Current through Register Vol. 49, No.12, June 17, 2024

Section 11 CSR 45-51.060 - Disclosure of Financial Interests

PURPOSE: The purpose of this rule is to set forth the financial interests required in an application for Class A license.

(1) An application for Class A license must disclose all financial interests that any officer, director or shareholder has in any entity involved in horse racing. The financial interests shall include all direct and indirect interests.

(2) The financial interests of each individual disclosed under this rule shall be set forth separately and shall include:

(A) The entity in which the financial interests exists;

(B) The nature of the financial interests;

(C) The amount of capital investment;

(D) The expected return for the current fiscal year; and

(E) Actual returns for the past five (5) years.

11 CSR 45-51.060

AUTHORITY: section 313.600.3., RSMo 1986.* This rule originally filed as 12 CSR 50-11.060. Original rule filed June 17, 1986, effective Oct. 27, 1986. Moved to 11 CSR 4551.060, effective Aug. 28, 1995.

*Original authority: 313.600, RSMo 1986.