HOME    SEARCH    ABOUT US    CONTACT US    HELP   
           
This is an obsolete version of the rule. Please click on the rule number to view the current version.

2.63.801    ELECTRONIC FUNDS TRANSFER

(1) As a condition of licensing, a retailer shall agree to participate in the lottery's electronic funds transfer system.

(2) The director may determine the schedule for debiting (sweeping) the retailer's account, subject to concurrence of the commission. The director may allow deviation from the schedule for the first game and in other special circumstances.

(3) The retailer shall bring any error or dispute to the attention of the lottery before the sweep.

(4) A retailer must pay the amount of any nonsufficient fund sweep immediately by certified check, cashier's check, or money order. If a NSF is not covered, the retailer shall immediately surrender all tickets and other lottery material and is subject to license revocation proceedings.

(5) Two or more sweeps that result in nonsufficient funds are cause for license suspension or revocation.

History: 23-7-202, 23-7-301, MCA; IMP, 23-7-301, MCA; NEW, 1987 MAR p. 883, Eff. 6/26/87; AMD, 1989 MAR p. 19, Eff. 1/13/89; TRANS, from Commerce, 2001 MAR p. 2407; AMD, 2006 MAR p. 526, Eff. 2/24/06.

Home  |   Search  |   About Us  |   Contact Us  |   Help  |   Disclaimer  |   Privacy & Security