Plain Text Law

Regulation .01 Definitions.

Regulation .01 Definitions.Copy Citation

A.
In this chapter, the following terms have the meanings indicated.
B.
Terms Defined.
(1)
“Applicant” means a person applying for a retailer license and includes the individual completing the application.
(2)
“Probationary license” means a retailer license issued by the Director to a new retailer that is valid for a 12-month period, beginning with the first week of sales.
(3)
“Regular license” means a retailer license issued by the Director to a retailer who has satisfactorily completed the requirements of a probationary license.
(4)
“Special license” means a license issued within the Director’s authority for special purposes.
(5)
“Terminate” or “revoke” means, with regard to a retailer license or special license, or removal of the right to sell lottery tickets.
(6)
“Total sales” means the value of lottery products sold or settled lottery by a retailer, less the value of canceled or returned lottery tickets.