2.63.405 SALES AGENT ELECTRONIC FUNDS TRANSFER AND ACCOUNTING
(1) An applicant shall, before being licensed, authorize the debiting and crediting of an account in the applicant's name for the purpose of electronic funds transfer to or from the state's collection account, as provided in ARM 2.63.801.
(2) The sales agent shall execute all forms required by the lottery director, the sales agent's bank, or the initiating bank.
(3) The lottery shall provide to the sales agent the means to track sales, cashing, adjustment, and invoicing activity for bookkeeping purposes.
History: 23-7-202, MCA; IMP, 23-7-301, MCA; NEW, 1987 MAR p. 883, Eff. 6/26/87; TRANS, from Commerce, 2001 MAR p. 2407; AMD, 2006 MAR p. 526, Eff. 2/24/06; AMD, 2019 MAR p. 2229, Eff. 12/7/19.