5.__Unlicensed video lottery terminal subject to confiscation.__Any video lottery terminal that is not licensed as required by subsection 1 is contraband and a public nuisance and is subject to confiscation by any law enforcement officer.

6.__Ownership of video lottery terminals.__An entity may not place or operate a video lottery terminal for use in this State if the video lottery terminal is owned by any other entity, other than a video lottery terminal distributor licensed under this chapter.

§373.__Licensing of video lottery terminal manufacturer, video

lottery terminal distributor, video lottery terminal

wholesaler or video lottery terminal operator

1.__Qualifications.__A person may be licensed by the commission as a video lottery terminal manufacturer, video lottery terminal distributor, video lottery terminal wholesaler or video lottery terminal operator if the person:

A.__Is of good moral character;

B.__Has not been convicted of a crime punishable by one year or more of imprisonment in any jurisdiction, unless at least 10 years have passed since satisfactory completion of the sentence or probation imposed by the court for the crime;

C.__Has not been convicted of a violation of this chapter or chapter 14;

D.__Is not a fugitive from justice, a drug abuser, a drug addict, a drug-dependent person, an illegal alien or person who was dishonorably discharged from the United States Armed Forces within 5 years prior to the date of application;

E.__Has completed the application form and complied with the requirements of section 374;

F.__Has sufficient financial assets to meet any financial obligations imposed by this chapter; and

G.__Has not knowingly made a false statement of material fact in applying for a license under this chapter or chapter 14.

2.__Requirement for license.__A person may not manufacture for distribution in or to the State and may not distribute in the