Vt. Stat. Ann. tit. 31, § 1202
License required
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
(1) Manufacture. Break-open tickets sold in Vermont shall be manufactured only by a person licensed by the Commissioner. A licensed manufacturer shall sell break-open tickets only to distributors licensed under this chapter. A distributor licensed under this chapter shall purchase break-open tickets only from a manufacturer licensed under this chapter.
(1) Manufacture. Break-open tickets sold in Vermont shall be manufactured only by a person licensed by the Commissioner. A licensed manufacturer shall sell break-open tickets only to distributors licensed under this chapter. A distributor licensed under this chapter shall purchase break-open tickets only from a manufacturer licensed under this chapter.
(2) Distribution. A distributor who sells or distributes break-open tickets for resale in Vermont shall be licensed by the Commissioner and shall also be: a natural person who is a resident of Vermont;
(2) Distribution. A distributor who sells or distributes break-open tickets for resale in Vermont shall be licensed by the Commissioner and shall also be: a natural person who is a resident of Vermont;
(3) a partnership in which the majority of partners are residents of Vermont;
(3) a partnership in which the majority of partners are residents of Vermont;
(4) a corporation incorporated under the laws of Vermont, provided that a majority of the ownership interest is held by residents of Vermont; or
(4) a corporation incorporated under the laws of Vermont, provided that a majority of the ownership interest is held by residents of Vermont; or
(5) a person who is not a resident of Vermont and whose state of residence allows residents or corporations of Vermont to distribute break-open tickets in that state under similar terms and conditions as provided under this chapter. Added 2017, No. 73, § 13, eff. Sept. 1, 2017.
(5) a person who is not a resident of Vermont and whose state of residence allows residents or corporations of Vermont to distribute break-open tickets in that state under similar terms and conditions as provided under this chapter.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.