MICHIGAN GAMING CONTROL AND REVENUE ACT (EXCERPT)
Initiated Law 1 of 1996
432.214 Audit of license operations.
Within 90 days after the end of each fiscal year each casino licensee shall transmit to the board and to the city in which the licensee's casino is located an audit of the financial condition of the licensee's total operations. An audit under this section must be conducted by a certified public accountant in a manner and form prescribed by the board. The certified public accountant that performs the audit must be registered in this state under article 7 of the occupational code, 1980 PA 299, MCL 339.720 to 339.736. The licensee shall pay the compensation for the certified public accountant directly to the certified public accountant.
History: 1996, Initiated Law 1, Eff. Dec. 5, 1996
Am. 1997, Act 69, Imd. Eff. July 17, 1997
Am. 2019, Act 158, Imd. Eff. Dec. 20, 2019
Popular Name: Proposal E
© 2020 Legislative Council, State of Michigan