Fla. Admin. Code Ann. R. 53ER19-21 - Retailer Applicant Background Investigation

(1) Background investigations shall be conducted on new applicants, renewal applicants and new officers, partners, directors, managing members as well as shareholders of ten percent (10%) or more interest in the business.
(2) Organizations that are publicly traded on a national securities exchange shall be required to submit the forms set forth in the rule governing the retailer application and fee schedule. A copy of the current rule can be obtained from the Florida Lottery's website at flalottery.com or from the Florida Lottery's retailer website at retailerwizard.flalottery.com. Investigation of any such organization shall include a review of its business credit report, financial statements, criminal history, and Lottery payment history, if any.
(3) The investigation by the Lottery of the owners, partners, managing members, corporate officers, directors and shareholders of organizations that are not publicly traded on a national securities exchange shall include the following:
(a) A sole proprietor's consumer credit history, criminal history and Lottery payment history, if any;
(b) A partner's consumer credit history, criminal history and Lottery payment history, if any;
(c) For limited partnerships and limited liability companies, the names of the managing members and general partner must be disclosed as well as any limited partner with ten percent (10%) or more interest in the business. These individuals will be investigated in the following areas:
1. Consumer credit history, if business credit information is unavailable or inconclusive;
2. Criminal history;
3. Lottery payment history, if any.
(d) For corporations, the names of all corporate officers and directors must be disclosed as well as shareholders of ten percent (10%) or more interest in the business. These individuals will be investigated in the following areas:
1. Consumer credit history, if business credit information is unavailable or inconclusive;
2. Criminal history;
3. Lottery payment history, if any.
(4) A retailer applicant shall be required to post a bond, certificate of deposit, or other security if it is determined during the background investigation that such requirement is necessary to secure payment of lottery proceeds.
(5) The effective date of this emergency rule is April 15, 2019.
(6) This emergency rule replaces Emergency Rule 53ER17-43, F.A.C.

Notes

Fla. Admin. Code Ann. R. 53ER19-21

Rulemaking Authority 24.109(1), 24.112(1) FS. Law Implemented 24.112(2) FS.

Adopted by Florida Register Volume 45, Number 074, April 16, 2019 effective 4/15/2019, Replaces 53ER17-43.

New 4-15-19, Replaces 53ER17-43.

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