ARM 2.63.406

ARM 2.63.406. SALES AGENT BONDING

Last amended: 2019Length: 88 wordsOfficial source

Cite as Mont. Admin. R. 2.63.406

(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.
ARM 2.63.406: ARM 2.63.406. SALES AGENT BONDING | Justis AI