§ 1406a.2. Sports wagering principals.
(a) Principals and principal entities, as defined in § § 401a.3 and 433a.1 (relating to definitions), shall submit an application for licensure as described in § 1406a.1 (relating to general provisions).
(b) A principal license and the renewal thereof is valid for 5 years from the date of approval of the application by the Board.
(c) A renewal application for a principal license shall be filed at least 6 months prior to expiration of the current license.
(d) A principal license for which a completed renewal application and fee has been received by the Board will continue in effect until acted upon by the Board.
(e) A principal license issued under this subpart will only be valid for the licensed or certified entity with which the principal is associated.
Cross References This section cited in 58 Pa. Code § 1402a.2 (relating to sports wagering operator application and standards); 58 Pa. Code § 1402a.4 (relating to sports wagering operator change of control); 58 Pa. Code § 1403a.2 (relating to sports wagering manufacturer license application and standards); 58 Pa. Code § 1403a.6 (relating to sports wagering manufacturer licensee change of control); 58 Pa. Code § 1404a.2 (relating to sports wagering supplier application and standards); and 58 Pa. Code § 1404a.6 (relating to sports wagering supplier change of control).
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