Current through Register No. 50, December 12, 2024
Section Lot 1104.07 - Licensee Payments(a) Keno licensees shall pay all sums due to the commission on the date established for payment.(b) Failure to make payment when due shall result in the commission taking the following actions: (1) If no other failures have occurred within the previous 12-month, the licensee shall submit payment in full within 2 business days of receiving notice from the commission that the payment was not made;(2) If the licensee fails to submit payment as required by (1) above, or if the failure to submit payment is the second occurrence within a 12 month period, the commission shall immediately shut down the keno equipment until payment is made in full;(3) If a third failure occurs within a 12 month period, the commission shall: a. Immediately shut down the keno equipment until the licensee posts a bond in the amount of $20,000, naming the commission as the oblige, and conditioned upon the licensee's compliance with payment obligations; orb. Immediately revoke the license and remove the keno equipment; and(4) If a fourth failure occurs within a 12-month period, the commission shall immediately revoke the license, remove the keno equipment and collect the bond.N.H. Admin. Code § Lot 1104.07
Derived From Volume XXXVII Number 45, Filed November 09, 2017, Proposed by #12412, Effective 10/27/2017, Expires 10/27/2027.