§ 42-61-6 — § 42-61-6. Proceeds of sales — Segregated funds.
This text of Rhode Island § 42-61-6 (§ 42-61-6. Proceeds of sales — Segregated funds.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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§ 42-61-6. Proceeds of sales — Segregated funds.
(a) All proceeds from the sale of lottery tickets or shares received by a person in the capacity of a sales agent shall constitute a trust fund until paid into the state lottery fund.
(b) The sales agent shall be personally liable for all proceeds; and failure to pay the lottery division moneys owed, upon demand, from the sales or misappropriation of the funds shall constitute embezzlement under § 11-41-3.
(c) The provisions of this section shall be enforced and prosecuted by the state police and the attorney ge
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Rhode Island § 42-61-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/42-61-6.