The purpose and effect of the proposed rules will be to implement and interpret Florida Statutes that relate to rules regulating the conduct of slot machine operations at pari-mutuel racing facilities.

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Division of Pari-Mutuel Wagering

RULE NO: RULE TITLE
61D-14.210: Licensee Insolvency
61D-14.211: Surrender of License on Closing of Business; Closing Due to Natural Disasters; Insolvency; Bankruptcy; Receivership
61D-14.212: Approval Required for Enforcement of Security Interest in Slot Machine Licensee's Business
61D-14.213: Application to Enforce Security Interest; Investigation
61D-14.214: Enforcement of a Security Interest in Personal Property Gaming Collateral
61D-14.215: Receivership or Custodianship
PURPOSE AND EFFECT: The purpose and effect of the proposed rules will be to implement and interpret Florida Statutes that relate to rules regulating the conduct of slot machine operations at pari-mutuel racing facilities.
SUBJECT AREA TO BE ADDRESSED: The rule language describes required procedures a licensee shall observe if the licensee anticipates a period of insolvency requiring the intervention of the court; procedures for the surrender of licensure as a result of closing, for a variety of reasons; and application requirements to enforce a security interest in a licensee’s slot machine gaming equipment.
SPECIFIC AUTHORITY: 551.103(1), 551.122 FS.
LAW IMPLEMENTED: 551.103(1)(a), (b), (c), (d), (e), (g), (i), (4)(b), (5), 551.104(1), (4)(a), (b) FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
TIME AND DATE: November 29, 2007, 9:00 a.m. – 5:00 p.m.
PLACE: Florida Department of Business and Professional Regulation, Northwood Centre, Board Room, 1940 N. Monroe Street, Tallahassee, Florida 32399
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Mary Polombo at [phone]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Mary Polombo, Clerk, Division of Pari-Mutuel Wagering, 1940 North Monroe Street, Tallahassee, Florida 32399-1035

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.