Before any category of slot machine license is issued, the licensee shall post a bond in an amount not less than the sum of $1,000,000, as set by the board, payable to the Commonwealth. The bond shall be used to guarantee that the slot machine licensee faithfully makes the payments, keeps books and records, makes reports and conducts operations in conformity with this part and rules, regulations and orders promulgated by the board. The bond shall not be canceled by a surety on less than 30 days' notice in writing to the board. If a bond is canceled and the slot machine licensee fails to file a new bond with the board in the required amount on or before the effective date of cancellation, the licensee's license shall be revoked or suspended. The total and aggregate liability of the surety on the bond is limited to the amount specified in the bond.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Section 1301 - Authorized slot machine licenses
Section 1302 - Category 1 slot machine license
Section 1303 - Additional Category 1 slot machine license requirements
Section 1304 - Category 2 slot machine license
Section 1305 - Category 3 slot machine license
Section 1305.1 - Category 4 slot machine license
Section 1305.2 - Conduct of auctions
Section 1306 - Order of initial license issuance
Section 1307 - Number of slot machine licenses
Section 1308 - Applications for license or permit
Section 1309 - Slot machine license application
Section 1310 - Slot machine license application character requirements
Section 1311 - Additional slot machine license requirements
Section 1311.1 - Licensing of principals
Section 1311.2 - Licensing of key employees
Section 1312 - Divestiture of disqualifying applicant
Section 1313 - Slot machine license application financial fitness requirements
Section 1314 - Alternative Category 1 licensing standards
Section 1315 - Conditional Category 1 licenses
Section 1316 - Bond for issuance of slot machine license
Section 1317 - Supplier licenses
Section 1317.1 - Manufacturer licenses
Section 1317.2 - Gaming service provider
Section 1317.3 - Nongaming service provider
Section 1318 - Occupation permit application
Section 1319 - Alternative manufacturer licensing standards
Section 1319.1 - Alternative supplier licensing standards
Section 1320 - Slot machine testing and certification standards
Section 1321 - Additional licenses and permits and approval of agreements
Section 1322 - Slot machine accounting controls and audits
Section 1323 - Central control computer system
Section 1324 - Protocol information
Section 1325 - License or permit issuance
Section 1326.1 - Slot machine license operation fee
Section 1327 - Nontransferability of licenses
Section 1328 - Change in ownership or control of slot machine licensee
Section 1329 - Portability and relocation of slot machine license
Section 1330 - Multiple slot machine license prohibition (Repealed)
Section 1331 - Duty of licensees, key employees and gaming employees