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Virginia Administrative Code
Title 11. Gaming
Agency 5. Virginia Lottery Board
Chapter 31. Licensing Regulations
12/22/2024

11VAC5-31-170. License termination by retailer.

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.

Statutory Authority

§ 58.1-4007 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 19, Issue 15, eff. May 7, 2003; amended, Virginia Register Volume 31, Issue 3, eff. November 5, 2014.

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