11VAC5-31-170: License termination by retailer

The licensed retailer may voluntarily terminate his license with the agency by first notifying the agency in writing at least 15 calendar days before the proposed termination date. The agency will then notify the retailer of the date by which settlement of the retailer's account will take place. The retailer shall maintain his bond and the required accounts and records until settlement is completed and all lottery property has been surrendered.