Each party state in the compact shall: accept the decisions of the compact committee regarding the issuance or renewal of licenses; reimburse, or otherwise pay, the expenses of its official on the compact committee; not treat as a denial a notification to an applicant by the compact committee regarding its inability to process their application; reserve the right to: charge a fee for the use of a compact license within that party state; apply its own standards to determine whether a compact committee license should be suspended or revoked; apply its own standards for licensure or renewal of state applicants who do not meet the licensure requirements of the compact committee, or who are within a category of participants in live racing which the compact committee does not license; and apply its own standards for licensure of nonracing employees at horse racetracks and at separate or satellite wagering facilities; through its racing commission or its equivalent, promptly notify the compact committee of any suspension or revocation that the party state has imposed on a compact committee licensee; and not be held liable for the debts or other financial obligations incurred by the compact committee.