(a) The closure of a business under this subchapter shall be grounds for cancellation, suspension, revocation, or termination of a retailer license under § 23-115-604.
(b) The closure of a business under this subchapter shall be grounds for the suspension or revocation of any business license granted under the laws of the State of Arkansas, excluding professional licenses.
(c) After the decision to close the retailer's business becomes final, the Director of the Office of the Arkansas Lottery shall contact the appropriate administrative body responsible for granting licenses to operate the business and report the closure of the business.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 4 - Miscellaneous Regulated Industries
Chapter 115 - Arkansas Scholarship Lottery Act
§ 23-115-602. Retailer license
§ 23-115-604. Cancellation, suspension, revocation, or termination of retailer license
§ 23-115-605. Retailers — Fiduciary duty — Protection against loss
§ 23-115-606. Retailer — Rental payments based on percentage of retail sales
§ 23-115-607. Business closure authority — Notice
§ 23-115-608. Administrative hearing
§ 23-115-610. Business closure procedure