Section 432.110a - Conduct of millionaire party.
TRAXLER-MCCAULEY-LAW-BOWMAN BINGO ACT (EXCERPT)
Act 382 of 1972
432.110a Conduct of millionaire party.
Sec. 10a.
All of the following apply in the conduct of a millionaire party:
(a) A person less than 18 years of age shall not be permitted to wager.
(b) A wager may not be placed on a contest other than a game of chance taking place at the location and during the time period approved for the event, and in no event shall a wager be placed upon an athletic event or upon a game involving personal skill.
(c) The licensee under the millionaire party license shall be responsible for insuring that the requirements of this section are met.
(d) A qualified organization shall not receive more than $15,000.00 in exchange for imitation money or chips in 1 day of a millionaire party.
History: Add. 1976, Act 193, Imd. Eff. July 15, 1976 ;-- Am. 1977, Act 11, Imd. Eff. Apr. 25, 1977 ;-- Am. 1981, Act 229, Imd. Eff. Jan. 12, 1982 ;-- Am. 1999, Act 108, Eff. Mar. 10, 2000 ;-- Am. 2006, Act 427, Imd. Eff. Oct. 5, 2006
Compiler's Notes: For transfer of the Bureau of State Lottery from the Department of Management and Budget to be an autonomous entity within the Department of Treasury, see E.R.O. No. 1991-2, compiled at MCL 12.161 of the Michigan Compiled Laws.
Popular Name: Bingo Act