Louisiana Revised Statutes 27:606 – Temporary certificate of authority
Terms Used In Louisiana Revised Statutes 27:606
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
A. When considering a person‘s application for a license to conduct sports wagering or a permit as a sports wagering platform provider or service provider, the board may issue to the person a temporary certificate of authority to conduct business pursuant to this Chapter if all of the following apply:
(1) The person has filed with the board a completed application, including all fees.
(2) The person has substantially demonstrated to the satisfaction of the board that the person meets the requirements of this Chapter, the board’s rules, including emergency rules, and the board’s or division’s orders.
(3) The person applying for a permit as a sports wagering platform provider or service provider holds a gaming license or permit for similar activity in Louisiana or another state of the United States and the license or permit is in good standing.
(4) The person agrees in writing to the following conditions of the temporary certificate of authority issued pursuant to this Section:
(a) The temporary certificate of authority does not create a right or privilege.
(b) The board may rescind the person’s temporary authority to conduct business under this Section at any time, with or without notice to the person and without a hearing, if either of the following apply:
(i) The board is informed that the suitability of the person may be at issue.
(ii) The person fails to cooperate with the investigation into the qualifications and suitability of the person applying for a license or the person applying for a permit as a sports wagering platform provider or service provider.
B.(1) The temporary certificate of authority shall expire six months after issuance.
(2) The board may issue one ninety-day extension of the certificate upon a showing of good cause.
(3) If a license or permit is issued to the holder of a temporary certificate of authority, the license or permit term shall begin on the date of issuance of the temporary certificate of authority.
Acts 2021, No. 440, §1, eff. July 1, 2021.