Can you summarize GACO 50-27-71?

Short Summary

This legal document governs the payment of license fees, issuance and display of licenses, control numbers, duplicate certificates, and application for license or renewal in relation to bona fide coin operated amusement machines. It applies to manufacturers, distributors, owners, location owners, location operators, and the corporation. However, owners holding a bona fide coin operated amusement machine solely for personal use or resale are exempted. The document specifies the annual master license fees for different classes of machines and the license fees for distributors and manufacturers. It also outlines the process for license collection, due dates, and the issuance of master license certificates. Additionally, it covers the payment of annual location license fees, the display of licenses at locations, and the inspection of licenses and invoices. The document further addresses the refusal, revocation, or suspension of licenses, as well as the issuance of duplicate licenses. It emphasizes that licenses are nontransferable, nonassignable, and expire upon certain events. The application process, fees, and late fees for license or permit renewal are also described. Noncompliance with the document may result in penalties and the loss of state licenses.

Whom does it apply to?

Manufacturers, distributors, owners, location owners, location operators, and the corporation

What does it govern?

License fees; issuance of license; display of license; control number; duplicate certificates; application for license or renewal; penalty for noncompliance

What are exemptions?

Owners holding a bona fide coin operated amusement machine solely for personal use or resale

What are the Penalties?

Fine of up to $25,000.00 and repayment of all fees or receipts due to the corporation

Jurisdiction

Georgia

Source

GACO 50-27-71 [https://reggi.cloud.regology.com/regulations/US-GACO/US-GACO_T_50_C_27_SC_3_P_1_S_71]

• Gaming