(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 cancel, suspend, revoke, or terminate subject to notice and a right to a hearing or 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, ยง 25-15-201 et seq.
Section: Previous 23-115-602 23-115-603 23-115-604 23-115-605 23-115-606 23-115-607 23-115-608 23-115-609 23-115-610 23-115-611 23-115-612 NextLast modified: November 15, 2016