Section 170. License termination by retailer

Latest version.

The licensed retailer may voluntarily terminate his license with the agency by first notifying the agency in writing at least 15 calendar days before the proposed termination date. The agency will then notify the retailer of the date by which settlement of the retailer's account will take place. The retailer shall maintain his bond and the required accounts and records until settlement is completed and all lottery property has been surrendered.

Historical Notes

Derived from Volume 19, Issue 15, eff. May 7, 2003; amended, Virginia Register Volume 31, Issue 03, eff. November 5, 2014.

Statutory Authority

§ 58.1-4007 of the Code of Virginia.

                    
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