(a) Licenses to sell coin-operated amusement devices shall be issued by the Director of the Department of Finance and Administration.
(b) Applications for the licenses shall be on a form prescribed by the director.
(c)
(1) No license shall be issued to any corporation which is owned in whole or in part by any convicted felon or person who formerly held a license which was revoked until two (2) years subsequent to the revocation.
(2) The same restriction shall hold true on members of partnerships or individuals applying for licenses.
(3) Salespersons employed by licensees shall in like manner be subject to the restrictions.
(d) Any person, firm, partnership, limited liability company, or corporation who applies for a license to sell coin-operated amusement devices as provided in this section prior to the issuance of the license shall be required to procure a suitable surety bond in the principal sum of one thousand dollars ($1,000) to ensure compliance with the provisions of this subchapter and to provide indemnity to any person who deals with the applicant in the event of the violation of this subchapter.
(e) The annual fee for each corporation, partnership, or individual which acquires a license to sell coin-operated amusement devices shall be twenty-five dollars ($25.00), and additional annual licenses for salespersons employed by the licensees may be acquired for five dollars ($5.00).
(f)
(1) The director may revoke or suspend the licenses for cause.
(2) Any licensee shall be notified in writing that the revocation or suspension of its license is being considered and the reason therefor.
(3) The licensee shall have fifteen (15) days in which to notify the director that a hearing is desired, after which time a hearing shall be held not less than fifteen (15) days subsequent to the expiration of the fifteen-day period of notice.
(4)
(A) Any licensee whose license has been revoked or suspended may appeal to the Pulaski County Circuit Court by filing a copy of the notice of revocation or suspension with the clerk of the court within twenty (20) days of receipt thereof and causing the issuance of a summons to be served on the director. The hearing shall be de novo in the Pulaski County Circuit Court.
(B) Either party may appeal to the Supreme Court as in other cases.
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