§ 23-115-1101. Duties of Legislative Council
(a) The Legislative Council shall: (1) Review whether expenditures of lottery proceeds have been in accordance with this chapter; (2) Review and approve proposed rules of the Office of the Arkansas Lottery under § 10-3-309; (3) (A) Review proposed contracts of twenty-five thousand dollars ($25,000) or more before the execution of the contracts. (B) The […]
§ 23-115-1004. List of debtors — Withholding winnings — Ranking of liens
(a) (1) A claimant agency may submit to the Office of the Arkansas Lottery a list of the names of all debtors owing in excess of one hundred dollars ($100) to the claimant agency or to persons on whose behalf the claimant agency is acting. (2) The full amount of the debt is collectible from […]
§ 23-115-1005. Confidential information
(a) (1) Notwithstanding any other confidentiality statute, the Office of the Arkansas Lottery may provide to a claimant agency all information necessary to accomplish and effectuate the intent of this subchapter. (2) Information shall be used by a claimant agency only in the pursuit of its debt collection duties and practices. (b) Confidential information obtained […]
§ 23-115-1006. Applicability
This subchapter only applies to prizes of more than five hundred dollars ($500).
§ 23-115-611. Revocation and suspension of business license
(a) The closure of a business under this subchapter shall be grounds for cancellation, suspension, revocation, or termination of a retailer license under § 23-115-604. (b) The closure of a business under this subchapter shall be grounds for the suspension or revocation of any business license granted under the laws of the State of Arkansas, […]
§ 23-115-612. Authority to promulgate rules
The Office of the Arkansas Lottery may promulgate rules necessary for the implementation and enforcement of this subchapter.
§ 23-115-701. Procurements — Major procurement contracts — Competitive bidding
(a) (1) The Office of the Arkansas Lottery may purchase, lease, or lease-purchase goods or services as necessary for effectuating the purposes of this chapter. (2) The office may make procurements that integrate functions, including without limitation: (A) Lottery design; (B) Ticket distribution to retailers; (C) Supply of goods and services; and (D) Advertising. (3) […]
§ 23-115-801. Lottery proceeds
(a) (1) Lottery proceeds are the property of the Office of the Arkansas Lottery. (2) (A) The office shall pay its operating expenses from its lottery proceeds. (B) (i) An amount of lottery proceeds determined by the office to maximize net proceeds for scholarships shall be made available as prize money. (ii) (a) Subdivision (a)(2)(B)(i) […]
§ 23-115-802. Scholarship Shortfall Reserve Trust Account
(a) The Office of the Arkansas Lottery shall maintain a Scholarship Shortfall Reserve Trust Account. (b) (1) An amount equal to four percent (4%) of the total amount of net proceeds disbursed during the preceding fiscal year in the form of scholarships and grants for higher education shall be deposited from lottery proceeds each year […]
§ 23-115-803. Disposition of funds — Definition
(a) (1) To effectuate the purposes of the Office of the Arkansas Lottery, the office may borrow moneys from the State of Arkansas or accept and expend moneys from the State of Arkansas and shall repay any sums borrowed from the state as soon as practicable. (2) As used in this section, “purposes” includes without […]