GA COAM 9 Month Rule
Amendments to the COAM law as of May 3, 2016, established a “9 month rule” related to replacement of Class B COAMs by a master licensee in a new owner’s location if:
- COAMs were within the location within the last 9 months; and
- the new location owner was an applicant for a COAM license on or after May 3, 2016. Pursuant to OCGA 50-27-87 (b)(3)(C), as an applicant for a new location license where COAMs have been placed at any time in the immediately preceding 9 months, the applicant shall either:
- not place COAMs in the location for 9 months from the date of the approval of the new owner’s COAM license; or formally accept an assignment of the written agreement between the master licensee and the preceding location owner. If the 9 month rule applies to a location, the only exception is if the master licensee who placed COAMs within the last 9 months refuses to sign the assignment agreement.
If you have any questions about the Georgia Lottery COAM 9 Month Rule or if you are interested in working with Infinity Amusement LLC, you can contact us at email@example.com, call us at 470-265-0866.