The short quick answer to your initial question is: yes, when exiting a corner at maximum lateral G's, the rear tires should be slipping, and no, that's not what's called "roll". The slip should be easily controllable with the throttle to keep the car pointed the direction you want it to go. "Roll" is when the suspension on the outer side of the car (not the direction you're turning towards) compresses down more than the inner side, causing the body to lean relative to the road. But really, I don't think answering that question really gives you what you're looking for.
No offense intended at all, but: I understand as an LEO you've probably had some driver training and experience, but you really should hit up an instructed HPDE track event in your Z to learn about cornering properly in it. Just from the language and the question you're asking, it's clear that it would be useful to you.
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