Oregon Lottery reminds retailers of 14-day ownership reporting rules
Source: Oregon Lottery (OR)
The Oregon Lottery reminded retailers that they must report ownership changes at least 14 days before they take effect, except when an owner's death causes the change. Retailers must report changes to non-owner key persons within 14 days; failure to notify the Lottery may lead to compliance action, including contract termination.
Oregon Lottery retailers must meet ownership and key-person reporting deadlines to avoid possible compliance action.