Section 65IAC3-3-5. Notice of changes

   (a) A retailer shall notify the commission in writing at least thirty (30) calendar days in advance of the occurrence of any of the following changes:

(1) Voluntary cancellation or termination of the retailer contract by the retailer or otherwise ceasing business operations or the sale of lottery products, either permanently or temporarily.

(2) A change in the designated bank account in which the retailer has deposited funds from the sale of lottery products or from which payments are made.

(3) Any proposed change in a selling location for which a certificate of authority is issued.

(4) Any proposed change in the controlling ownership interest of the retailer, whether through an asset purchase, stock purchase, merger, or acquisition.

(5) Any change in the form of a retailer's business organization, such as, but not limited to, a sole proprietorship, partnership, corporation, or limited liability company.

(6) Any change in the taxpayer identification number of the retailer.

  (b) Unless earlier notification is required by this article, a retailer shall notify the commission immediately after the occurrence of the following:

(1) The incapacitation or death of a sole proprietor, partner, or majority owner.

(2) The dissolution of the retailer or filing of a voluntary or involuntary petition in bankruptcy.

(3) A change in any of the information submitted to the commission in the retailer's most recent application or renewal form.

(4) Any change causing the retailer to no longer satisfy fully all requirements in IC 4-30 and this article.

(State Lottery Commission; 65 IAC 3-3-5; emergency rule filed Sep 5, 1989, 3:20 p.m.: 13 IR 98; emergency rule filed May 4, 1990, 4:35 p.m.: 13 IR 1727; emergency rule filed Apr 14, 1992, 5:00 p.m.: 15 IR 1971; emergency rule filed Apr 19, 1993, 5:00 p.m.: 16 IR 2193; readopted filed Nov 30, 2001, 11:02 a.m.: 25 IR 1268; readopted filed Nov 14, 2007, 3:02 p.m.: 20071212-IR-065070656RFA; emergency rule filed Dec 18, 2009, 10:05 a.m.: 20091230-IR-065090989ERA; emergency rule filed Jul 29, 2010, 3:51 p.m.: 20100804-IR-065100492ERA; emergency rule filed May 24, 2013, 11:15 a.m.: 20130529-IR-065130223ERA)