§ 23-115-604 - Cancellation, suspension, revocation, or termination of retailer license.
23-115-604. Cancellation, suspension, revocation, or termination of retailer license.
(a) A retailer license executed by the Arkansas Lottery Commission under this chapter shall specify the reasons for which the retailer license may be canceled, suspended, revoked, or terminated by the commission. The reasons shall include without limitation:
(1) Commission of a violation of this chapter or a rule of the commission;
(2) Failure to accurately or timely account for tickets, lottery games, revenues, or prizes as required by the commission;
(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 commission in any matter considered by the commission in executing the license with the retailer; or
(8) Failure to meet any of the objective criteria established by the commission under this chapter.
(b) (1) If upon approval of the commission the Director of the Arkansas Lottery Commission or his or her designee determines that cancellation, denial, revocation, suspension, or rejection of renewal of a retailer license is in the best interest of lotteries, the public welfare, or the State of Arkansas, the director or his or her designee may cancel, suspend, revoke, or terminate, after notice and a right to a hearing, a retailer license issued under this chapter.
(2) The retailer license may be temporarily suspended by the director or his or her designee without commission approval or 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 subsection (b) of this section shall be held in accordance with the Arkansas Administrative Procedure Act, 25-15-201 et seq.