Form GC-109 Games of Chance Lessor's License - New York

What Is Form GC-109?

This is a legal form that was released by the New York State Gaming Commission - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a GC-109 Games of Chance Lessor's License?A: A GC-109 Games of Chance Lessor's License is a license in New York that allows an individual or organization to lease games of chance equipment to organizations licensed to conduct games of chance.

Q: Who can apply for a GC-109 Games of Chance Lessor's License?A: Any individual or organization that meets the requirements set by the New York State Gaming Commission can apply for a GC-109 Games of Chance Lessor's License.

Q: What are the requirements to obtain a GC-109 Games of Chance Lessor's License?A: The requirements include completing the license application, paying the required fees, submitting a certificate of authority to do business in New York, and providing proof of insurance.

Q: How much does a GC-109 Games of Chance Lessor's License cost?A: The cost of a GC-109 Games of Chance Lessor's License varies depending on the type of license and the duration of the license. It is recommended to check the latest fee schedule provided by the New York State Gaming Commission.

Q: How long is a GC-109 Games of Chance Lessor's License valid for?A: A GC-109 Games of Chance Lessor's License is typically valid for one year from the date of issue. However, the license holder can choose to obtain a shorter duration license if desired.

Q: Can a GC-109 Games of Chance Lessor's License be renewed?A: Yes, a GC-109 Games of Chance Lessor's License can be renewed by submitting a renewal application and paying the required fees before the expiration date of the current license.

Q: What happens if a GC-109 Games of Chance Lessor's License is not renewed on time?A: If a GC-109 Games of Chance Lessor's License is not renewed on time, the license will expire, and the license holder will no longer be authorized to lease games of chance equipment.

Q: Can a GC-109 Games of Chance Lessor's License be transferred to another individual or organization?A: No, a GC-109 Games of Chance Lessor's License is not transferable. If a change in ownership or a new lessor is desired, a new license application must be submitted.