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§ 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 […]

§ 23-115-1101. 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 […]

§ 23-115-802. 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 […]

§ 23-115-903. False statement on license application — Penalty

(a) A person shall not knowingly make: (1) A material false statement in an application for a license or proposal to conduct a lottery; or (2) A material false entry in any book or record that is compiled, maintained, or submitted to or for the benefit of the Office of the Arkansas Lottery. (b) (1) […]