Code of Massachusetts Regulations › 205 CMR - MASSACHUSETTS GAMING COMMISSION › Title 205 CMR 139.00 - Continuing disclosure and reporting obligations of gaming licensees › Section 139.05 - Reports and Information to Be Compiled and Maintained by the Gaming Licensee

Current through Register 1525, July 5, 2024
The following reports and information shall be compiled and
				maintained by the gaming licensee, or where applicable the gaming licensee's
				holding company, intermediary company, qualifying subsidiary, or entity
				qualifier thereof, in the manner provided as follows or as required by the
				governing body responsible for the oversight of the subject information, and
				shall be made available and provided upon request by the commission, or its
				designee:
(1) Up to date records
			 regarding the business structure, capital structure, and controlling interest
			 of the gaming licensee, where applicable, and the gaming licensee's holding
			 company, intermediary company, qualifying subsidiary, or entity qualifier
			 thereof including, at a minimum:
(a) Certified
			 copies of incorporation and formation documents and any amendments
			 thereto;
(b) By-laws, shareholders
			 agreements, governing and/or operating agreements or documents, partnership
			 agreement, intercompany transactions, joint venture agreements, merger and
			 acquisition agreements, and other relevant corporate documents;
(c) Current listing of officers, directors,
			 members, partners;
(d) Minutes of
			 all meetings of shareholders;
(e)
			 Detailed records regarding all record and beneficial owners of any class of
			 non-publicly traded securities, including both equity and debt securities,
			 issued by the gaming licensee, its holding company, intermediary company,
			 qualifying subsidiary or entity qualifier thereof, including the names and
			 addresses of record and beneficial owners of such equity or debt securities,
			 date(s) acquired and the number of equity securities held or face amount of
			 debt securities held, as applicable;
(f) Detailed records regarding all record and
			 beneficial owners of 5% or more of any class of publicly traded securities,
			 including both equity and debt securities, issued by the gaming licensee, its
			 holding company, intermediary company, qualifying subsidiary or entity
			 qualifier thereof, including the names and addresses of record and beneficial
			 owners of such equity or debt securities held in street name or other name,
			 date(s) acquired and the number of equity securities held or face amount of
			 debt securities held, as applicable;
(g) Detailed records regarding distributions
			 to equity holders holding 5% or more of the entity;
(h) Detailed records regarding all
			 remuneration paid to officers, directors, partners and members;
(i) (for the gaming licensee only) Detailed
			 records regarding all capital contributions;
(j) (for the gaming licensee only) Detailed
			 records regarding any equity transfers;
(k) Essential details of any debt obligations
			 including loans, covenants, borrowings, installment contracts, guarantees,
			 leases, or any other debt; and
(l)
			 Any other records as the commission deems appropriate.