§ 42-61-12 — § 42-61-12. Deposit of receipts — Reports.

§ 42-61-12. Deposit of receipts — Reports.

The director shall, in accordance with rules and regulations, require any and all lottery sales agents to deposit to the credit of the state lottery fund in financial institutions designated by the division all moneys received by those agents from the sale of lottery tickets or shares, less the amount, if any, retained as compensation for the sale of tickets or shares and less any moneys paid out as prizes by the agents, and to file with the director, or the director's designated agents, reports of their receipts and transactions in the sale of lottery tickets in any form and containing any information the director may require. The director may make any arrangements for any person, including a financial institution, to perform any functions, activities, or services in connection with the operation of the lottery as the director may deem advisable pursuant to this chapter and the rules and regulations of the division, and the functions, activities, or services shall constitute lawful functions, activities, and services of the person.

Legislative History

P.L. 1974, ch. 20, § 1; P.L. 2005, ch. 234, § 1; P.L. 2005, ch. 236, § 1.