Section 432.3. License eligibility; application.

(1) In addition to the requirements of section 23 of the act, the commissioner shall consider the following additional factors in determining the eligibility of any prospective licensee or renewal  of a license  as  a

retailer:

(a)  The honesty and integrity of the applicant.

(b)   The veracity of the information supplied in the application for  lottery retailer's license.

(c)   The applicant's indebtedness to the state or any local government.

(d)  The business experience and general fitness of the applicant.

(2)  Licenses shall be issued only to the following:

(a)  ) Residents of this state.

(b)   Corporations incorporated in this state or authorized to do business  in this state.

(c)   ) Partnerships in which at least 1 of the partners resides in this state.

(d)  Unincorporated businesses or other entities which are authorized to do business in this state.

(3)   A person interested in obtaining a license as a retailer shall file an application for a lottery retailer's license with the bureau on application forms which may be obtained from the bureau.

History: 1979 AC; 2006 AACS.