§ 1070.31.

PERMITTEES REQUIRED TO REPORT CERTAIN INFORMATION

a.

Every Permittee shall provide written notice to the Entertainment Commission within 30 days after any of the following occurs:

1.

Criminal charges, complaints or indictments for the Permittee, the Manager, and each Person with authority or control over the Business occurring after the filing of the permit application to the extent that they fall within the categories specified in Sections 1060.3(j), (k) and (l) of this Code as incorporated by Section 1070.3.

b.

Every Person holding a Extended-Hours Premises Permit, other than a publicly traded corporation, shall maintain a record of the name and address of every Person that directly or indirectly owns or controls 10% or more of the assets, ownership interests or voting interests in the Person holding the Permit, which shall be known as a “record of principal owners,” and shall make the information available to the Entertainment Commission upon request. Every Person subject to this Subsection (b) shall report any change to the record of principal owners within 30 days of the transaction that effects the change. A “publicly traded” corporation is a company that has issued securities through an initial public offering which are traded on at least one stock exchange or over-the-counter market.

History

(Added by Ord. 238-09, File No. 080324, App. 11/20/2009)

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