Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part XV - Lottery
Chapter 5 - Retailer Regulations
Section XV-531 - Cancellation of Contracts
Universal Citation: LA Admin Code XV-531
Current through Register Vol. 50, No. 9, September 20, 2024
A. Any contract executed by the corporation pursuant to these retailer regulations and the Louisiana Lottery Corporation Law shall specify the reasons for which any contract may be canceled, suspended, revoked or terminated by the corporation, which reasons shall include but not be limited to:
1. commission of a violation of these
retailer regulations, the Louisiana Lottery Corporation Law or administrative
regulations adopted pursuant thereto or other provisions of Louisiana
Law;
2. failure to accurately
account for lottery tickets, revenues, or prizes as required by the
corporation;
3. commission of any
fraud, deceit, or misrepresentation;
4. insufficient sale of tickets;
5. conduct prejudicial to public confidence
in the lottery;
6. the retailer
filing for or being placed in bankruptcy or receivership;
7. any material change in any matter
considered by the corporation in executing the contract with the retailer;
or
8. failure to meet any of the
objective criteria established by the board pursuant to these retailer
regulations.
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:9001 et seq.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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