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operating permit may continue to offer fantasy sports contests until a final licensing decision is made by the Board. (c) The burden is upon each applicant to demonstrate the applicant's suitability for licensure. An applicant for a license issued under this Act shall submit an application to the Board in the form the Board requires. Each person seeking licensure shall submit to a background investigation conducted by the Board with the assistance of the Illinois State Police or other law enforcement. (1) To the extent that the corporate structure of the applicant allows, the background investigation shall include any or all of the following as the Board deems appropriate or as provided by rule for each category of licensure: (A) each beneficiary of a trust; (B) each partner of a partnership; (C) each member of a limited liability company; (D) each director and officer of a publicly or nonpublicly held corporation; (E) each stockholder of a nonpublicly held corporation; (F) each stockholder of 5% or more of a publicly held corporation; or (G) each stockholder of 5% or more in a parent or subsidiary corporation. (2) Each applicant shall disclose the identity of SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468