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West Virginia · Through as of 2026-10-13; contains at least the enactments of the 2026 Regular Session (newest effective date 2027-07-01)

W. Va. Code § 29-22B-515: Bonding requirements for operators and limited video lottery retailers who are permittees.

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Where this section sits in the code
  1. CHAPTER 29. MISCELLANEOUS BOARDS AND OFFICERS.
  2. ARTICLE 22B. LIMITED VIDEO LOTTERY.
  3. PART 5. REQUIREMENTS AND QUALIFICATIONS FOR LICENSURE.

Before any operator or limited video lottery retailer is issued a permit under part 11 of this article to own or lease video lottery terminals from a licensed manufacturer, the permittee shall post a bond or irrevocable letter of credit in a manner and in an amount established by the commission. The bond must be issued by a surety company authorized to transact business in West Virginia and the company must be approved by the Insurance Commission of this state as to solvency and responsibility. A permittee who is a video lottery retailer that has permits for two or more restricted access adult-only facilities may post a blanket bond.

Collected 2026-10-18T04:24:18Z. Source file · JSON

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