Written rental agreement; requirements; location owner or lessor; prohibited conduct.

(1) A millionaire party licensee shall not enter into an agreement with a location owner or lessor unless the agreement is expressed in a written rental agreement that is approved by the executive director. (2) A location owner or lessor, a partner, member, director, officer, agent, or employee of a location owner or lessor, a shareholder of a privately held corporation that is a location owner or lessor, or a person residing in the same household as any of these shall not do any of the following: (a) Be an officer of a qualified organization conducting a millionaire party at the location. (b) Participate as a player in any event being conducted at the location. (c) Participate in any aspect of an event being conducted at the location, including providing dealers, equipment, or workers, unless all of the following conditions exist: (i) The location is owned or rented by a qualified organization and used by the qualified organization on a continual basis for the regular use of its members. (ii) The qualified organization is the millionaire party licensee and is conducting the event. (iii) The executive director has granted a waiver for the participation.