PURPOSE: This rule provides for licenses of three years in length and allows the director to stagger the expiration by issuing longer or shorter licenses.

1. (1) The lottery shall issue a license to an applicant who qualifies for licensure and the license shall authorize the retailer to conduct the routine sale of tickets only at the location specified on the license.
2. (2) The license shall be valid until terminated by the lottery as required in 12 CSR 40- 40.070, 12 CSR 40-40.110 or 12 CSR 40- 40.120, or any combination of these.
3. (3) The retailer shall provide periodic updates of license information as may be required by the executive director.

AUTHORITY: sections 313.220, RSMo (Supp. 1988) and 313.230(1)(i)(2), RSMo (Cum. Supp. 1990).* Original rule filed Sept. 4, 1985, effective Sept. 14, 1985. Amended: Filed Aug. 28, 1987, effective Nov. 23, 1987. Amended: Filed Jan. 4, 1994, effective July 10, 1994.

*Original authority: 313.220, RSMo (1985), amended 1988 and 313.230(1)(i)(2), RSMo (1985), amended 1988, 1990.