REGULATION 8A ENFORCEMENT OF SECURITY INTERESTS 8A.010 Definitions. 8A.020 Approvals required, applicability; scope of approval. 8A.030 Application for approval to enforce security interest; investigation; recommendation of the board. 8A.040 Enforcement of a security interest in personal property gaming collateral. 8A.010 Definitions. As used in this regulation: 1. "Chairman" means the chairman of the state gaming control board or his designee. 2. "Enforce a security interest" means the transfer of possession ownership or title pursuant to a security interest. 3. "Operating license- means the gaming license issued to a person for the conduct of gaming. The term does not include licenses issued to officers, directors, holders of securities or other ownership interest, key employees, or others who have been licensed due to their relationship to or involvement with the gaming operation. 4. "Personal property gaming collateral" means property subject to a security interest that is composed of: (a A security issued by a corporation which is a holder of a gaming license in this state: (b A security issued by a holding company that is not a publicly traded corporation: (c) A security issued by a holding company that is a publicly traded corporation, if the enforcement of the security interest will result in the creditor acquiring control as set forth in Regulation 16; or (d) A security issued by a partnership which is a holder of a gaming license in this state. 5. "Secured party" means a person who is a lender, seller, or other person in whose favor there is a security interest or judgment. 6. "Security- means security as that term is defined in Regulations 15 and 15A. 7. "Security agreement" means an agreement that creates or provides for a security interest. 8. "Security interest- means an interest in property that secures the payment or performance of an obligation or a judgment. (Adopted: 1/91. Amended: 10/91; 5/92.) 8A.020 Approvals requir