Tennessee Statutes
§ 4-51-121 — Lottery retailer - Rental payments based on percentage of retail sales
Tennessee·Title 4
If a lottery retailer's rental payments for the business premises are contractually computed, in whole or in part, on the basis of a percentage of retail sales and such computation of retail sales is not explicitly defined to include sales of tickets or shares in a state-operated or state-managed lottery, only the compensation received by the lottery retailer from the corporation may be considered in determining the amount of the lottery retail sales for purposes of computing the rental payment.
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Tennessee § 4-51-121 (Lottery retailer - Rental payments based on percentage of retail sales) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2003, ch. 297, § 2.
Nearby Sections
15
§ 4-1-102
Protection of territory§ 4-1-105
Retrocession of federal jurisdiction§ 4-1-201
Grand divisions§ 4-1-202
Eastern grand division§ 4-1-203
Middle grand division§ 4-1-204
Western grand division§ 4-1-205
State capital§ 4-1-301
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