Remitting funds to commission

Checkout our iOS App for a better way to browser and research.

(a) Deposit of funds.--All funds derived from this source shall be deposited in the Game Fund.

(b) Failure to comply.--Any issuing agent who fails to comply with any of the provisions of this title or regulations adopted thereunder relating to the issuance, recording of data or remitting costs for licenses issued shall not be entitled to retain the sum fixed for his services. These sums shall be paid to the commission and, if not paid, may be recovered by the commission, by suit. Delinquent agents are subject to a penalty of 10% payable to the commission on any outstanding balance of license money due the commission, which penalty shall be compounded on a monthly basis. Delinquent agents shall be recalled after a delinquency period of 30 days.


Download our app to see the most-to-date content.