SECTION 45:50-3-2. Distributor license  


Latest version.
  • (a)   Application for a distributor license shall be made on a form prescribed by the Commission.
    (b)   In addition to the requirements for application provided in the Act, each application shall be accompanied by a letter of tax clearance from the Tax Commission.
    (c)   Any licensed distributor that changes any of its officers, directors or officials during the term of the license shall, within thirty (30) days of the change, report the names and addresses of such individuals to the Commission.
    (d)   A distributor license shall expire one year from the date of issuance.
    (e)   Any distributor that holds an unexpired bingo license on July 1, 1993, may sell charity game equipment in conformity with the Act until the license expires.
    (f)   The Commission may impose a fine, suspend or revoke a distributor's license for any violation of the Act or Rule promulgated by the Commission. A distributor which has had a license revoked in this or any other jurisdiction shall not be eligible for a new license for a period of one (1) year from the date of revocation.
    (g)   There shall be a fine of Five Dollars ($5.00) per day for late renewal of a distributor license. A distributor shall stop selling charity games equipment during the period the license is expired and before it is renewed.
[Source: Added at 10 Ok Reg 4713, eff 9-17-93 (emergency); Added at 11 Ok Reg 4415, eff 8-11-94]