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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) A retailer license executed by the Office of the Arkansas Lottery under this chapter shall specify the reasons for which the retailer license may be canceled, suspended, revoked, or terminated by the office. The reasons shall include without limitation:
(1) Commission of a violation of this chapter or a rule of the office;
(2) Failure to accurately or timely account for tickets, lottery games, revenues, or prizes as required by the office;
(3) Commission of any fraud, deceit, or misrepresentation;
(4) Insufficient sales;
(5) Conduct prejudicial to public confidence in a lottery;
(6) The retailer's filing for or being placed in bankruptcy or receivership;
(7) Any material change as determined in the sole discretion of the office in any matter considered by the office in granting the license of the retailer; or
(8) Failure to meet any of the objective criteria established by the office under this chapter.
(b)(1) If the Director of the Office of the Arkansas Lottery or his or her designee determines that cancellation, denial, revocation, suspension, or the failure to renew a retailer license is in the best interest of the Arkansas Scholarship Lottery, the public welfare, or the State of Arkansas, the director or his or her designee may:
(A) Subject to notice and a right to a hearing, cancel, suspend, revoke, or terminate a retailer license issued under this chapter; or
(B) Fail to renew a retailer license issued under this chapter.
(2) The retailer license may be temporarily suspended by the director or his or her designee without prior notice pending a hearing.
(3) A retailer license may be suspended, revoked, or terminated by the director or his or her designee for any one (1) or more of the reasons enumerated in subsection (a) of this section.
(4) Hearings under this subsection shall be held in accordance with the Arkansas Administrative Procedure Act, § 25-15-201 et seq.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-115-604. Cancellation, suspension, revocation, or termination of retailer license - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-115-604/
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 before relying on it for your legal needs.
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