San Jose Municipal Code Part 7 Funding Source License

A. No person shall be or act as a funding source at any cardroom premises without a valid funding source license.

B. Any person seeking to become or act as a funding source at any cardroom premises shall first apply to the administrator for a funding source license and must be granted a funding source license prior to acting as a funding source.

C. A cardroom permittee, stock ownership licensee, or key employee shall not allow, permit or suffer any funded player to be present or play any controlled game on cardroom premises who is financed, employed, or provided by a funding source, or to enter into any agreement or relationship with any such funding source, unless the funding source has first been granted a funding source license.

D. A cardroom permittee, stock ownership licensee, or key employee shall not allow, permit or suffer any person requiring a funding source license to be present, to play, or direct or control any person playing any controlled game on the cardroom premises unless that person has first been granted a funding source license.

E. The provisions of this section shall become effective on July 1, 2000.

(Ord. 28517.)

A. The Administrator may issue a temporary Funding Source License to a Funding Source under the same conditions and requirements as apply to issuance of a temporary Key Employee License under Chapter 16.32 of this Title.

B. Notwithstanding Subsection A, a Funding Source that meets all of the requirements shall be issued a temporary license immediately upon filing of a Complete Application with proof satisfactory to the Administrator that the Funding Source has an executed agreement with the Cardroom Permittee that has been approved by the Commission pursuant to State Gambling Law.

(Ords. 28517, 30616.)