California AB2644 amends the Gambling Control Act to require corporate officers, directors, and shareholders to apply for gambling licenses.

California AB2644 modifies the Gambling Control Act by mandating that officers, directors, and shareholders of corporate owner licensees apply for gambling licenses. The corporate owner must ensure these individuals apply and notify the department of any changes in corporate officers, directors, or key employees within 10 business days. Failure to apply for a license within 30 days of becoming an officer, director, or key employee results in removal from office or directorship. The corporation must suspend any officer or director whose license is suspended.

California AB2644 amends the Gambling Control Act to require corporate officers, directors, and shareholders to apply for gambling licenses.

California AB2644 modifies the Gambling Control Act by mandating that officers, directors, and shareholders of corporate owner licensees apply for gambling licenses. The corporate owner must ensure these individuals apply and notify the department of any changes in corporate officers, directors, or key employees within 10 business days. Failure to apply for a license within 30 days of becoming an officer, director, or key employee results in removal from office or directorship. The corporation must suspend any officer or director whose license is suspended.