Section 185.259. Refunds

(a) Moneys received by the Commission pursuant to the law or the provisions of this part may, within one year from the receipt thereof, be refunded to the party for whose account the same were received, on proof satisfactory that:

(1) Such moneys were in excess of the amount required.

(2) The license for which application was made has been refused by the Commission.

(3) Such moneys were received as a fine and the Commission has, after review, reduced the amount thereof.

(4) Upon appeal, the Court reduced or remitted the fine imposed and paid.

(b) Such refunds shall be paid upon approval by the Commission and after approval by the Board of Finance and Revenue.