Mont. Admin. r. 2.63.406

Current through Register Vol. 24, December 20, 2024
Rule 2.63.406 - SALES AGENT BONDING
(1) The director may require a surety bond from the owner or corporation making the application to the lottery to become a lottery sales agent. The bond amount is determined by:
(a) if the location was previously licensed, the sales total for the six months prior to closing;
(b) for a new location, the sales of a similarly sized sales agent in a community of approximately the same population for the six months before the application date.
(2) The sales agent shall maintain the bond for two years.

Mont. Admin. r. 2.63.406

NEW, 1987 MAR p. 883, Eff. 6/26/87; AMD, 1990 MAR p. 226, Eff. 1/26/90; TRANS, from Commerce, 2001 MAR p. 2407; AMD, 2006 MAR p. 526, Eff. 2/24/06; AMD, 2018 MAR p. 1155, Eff. 6/23/2018; AMD, 2019 MAR p. 2229, Eff. 12/7/2019

AUTH: 23-7-202, 23-7-301, MCA; IMP: 23-7-301, MCA