Iowa Administrative Code
Agency 531 - LOTTERY AUTHORITY, IOWA
Chapter 14 - MONITOR VENDING MACHINES
Rule 531-14.24 - MVM retailer payment methods
Universal Citation: IA Admin Code 531-14.24
Current through Register Vol. 46, No. 19, March 20, 2024
MVM retailers are required to pay for lottery tickets or shares by means of an electronic funds transfer (EFT) from the MVM retailer's Account. The lottery may allow an MVM retailer to make payments by another method if the MVM retailer can show that the electronic funds transfer system imposes a significant hardship on the MVM retailer or if the lottery determines that the MVM retailer's payment history justifies use of an alternative payment method.
This rule is intended to implement Iowa Code Supplement sections 99G.7, 99G.9(3), 99G.27, 99G.28, and 99G.40.
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