Administrative Rules of Montana
Department 2 - ADMINISTRATION
Chapter 2.63 - MONTANA STATE LOTTERY COMMISSION
Subchapter 2.63.4 - Retailer Rules
Rule 2.63.405 - SALES AGENT ELECTRONIC FUNDS TRANSFER AND ACCOUNTING
Universal Citation: MT Admin Rules 2.63.405
Current through Register Vol. 6, March 22, 2024
(1) An applicant shall, before being licensed, authorize the debiting and crediting of an account in the applicant's name for the purpose of electronic funds transfer to or from the state's collection account, as provided in ARM 2.63.801.
(2) The sales agent shall execute all forms required by the lottery director, the sales agent's bank, or the initiating bank.
(3) The lottery shall provide to the sales agent the means to track sales, cashing, adjustment, and invoicing activity for bookkeeping purposes.
AUTH: 23-7-202, MCA; IMP: 23-7-301, MCA
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