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Current as of March 28, 2024 | Updated by FindLaw Staff
The license issued to an authorized organization is subject to revocation under this chapter if the organization:
(1) Makes a false statement or material omission in an application for a license under this chapter;
(2) Fails to maintain records that fully and accurately record each transaction connected with:
(A) Conducting raffles or games of bingo; and
(B) Leasing of premises to be used for raffles or games of bingo;
(3) Falsifies or makes a false entry in a book or record if the entry relates in any way to the promotion, operation, or administration of raffles or games of bingo;
(4) Diverts or pays a portion of the proceeds from a raffle or a game of bingo to a person except in furtherance of one (1) or more of the lawful purposes set forth in this chapter; or
(5) Violates this chapter or a term of a license issued under this chapter in any other way.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-114-701. Revocation of license--Licensed authorized organization - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-114-701/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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