Indiana Statutes

§ 4-30-10-1 — Remittance of funds to commission; deposit of funds in public depository; receipt of funds

Indiana·Art. 30 INDIANA STATE LOTTERY·Ch. 10 Bank Deposits and Control of Lottery Transactions
All money received by each retailer from the operation of the lottery, including all ticket sales, interest, gifts, and donations, less the amount retained as compensation for the sale of tickets and the amount paid out as prizes, shall be remitted to the commission or deposited in a public depository, at the times and as directed by the commission. The commission is responsible for all administrative functions related to the receipt of funds. The commission may require each retailer to file with the commission reports of the retailer's receipts and transactions in the sale of lottery tickets in the form and containing the information the commission requires. The commission may require any person, including a qualified public depository, to perform any function, activity, or services in co

Free access — add to your briefcase to read the full text and ask questions with AI

Indiana § 4-30-10-1 (Remittance of funds to commission; deposit of funds in public depository; receipt of funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.341-1989(ss), SEC.1.

Nearby Sections

15
View on official source ↗