§ 27-117-7. Limitation on the Public Employees’ Retirement System and State Treasury Investments
The Public Employees’ Retirement System and the State Treasurer may not invest funds with a company that is identified on a list created pursuant to Section 27-117-5 as a company engaging in a boycott of Israel. Any existing investments in violation of this chapter as of July 1, 2020, must be divested when prudent to […]
§ 27-117-9. Exception to investment prohibition
Notwithstanding the provisions of Section 27-117-7, an investment may be made in a company engaged in a boycott of Israel, on a case by case basis, if: The investment was made before December 31, 2019, and the company has adopted, publicized and is implementing a formal plan to cease the boycott of Israel and to […]
§ 27-117-11. Limitation of chapter due to fiduciary obligations
Nothing in this chapter shall be construed to require the Public Employees’ Retirement System of Mississippi or the State Treasurer or their agents to take any action as described in this chapter unless it is determined, in good faith, that: the action described in this chapter is consistent with the fiduciary responsibilities of the Public […]
§ 27-117-13. Indemnification of employees and officials for compliance with this chapter
Present, future and former board members, officers, employees and agents of the Public Employees’ Retirement System and the Department of Finance and Administration, as well as present, future and former State Treasurers, officers and employees of the State Treasurer and agents retained by the State Treasurer, must be indemnified from the State General Fund and […]
§ 27-117-15. Repeal of this chapter
This chapter shall stand repealed from and after July 1, 2024.
§ 27-115-81. Possession of illegal lottery devices prohibited; material false statement; material false entry in record submitted to corporation; penalties for violation
No person shall knowingly or intentionally use or possess an illegal lottery device or make a material false statement in any application for a license or proposal to conduct lottery activities or make a material false entry in any book or record which is compiled or maintained or submitted to the corporation pursuant to the […]
§ 27-115-83. Illegal lottery devices; definitions; confiscation
Illegal lottery devices as described in this section are considered gambling devices and contraband. As used in this section, the term “illegal lottery device” means: Forged, counterfeit, or stolen, or improperly issued or illegally possessed lottery tickets. Any device or equipment that is in itself or is being used as part of any sort of […]
§ 27-115-85. Allocation of revenues
Until June 30, 2028, net proceeds generated by the Alyce G. Clarke Mississippi Lottery Law, created pursuant to Sections this chapter and deposited into the Lottery Proceeds Fund under Section 27-115-51(2), except as otherwise provided in this section, shall be paid into the State Highway Fund by warrant issued by the State Fiscal Officer upon […]
§ 27-115-87. Corporation division heads, employees are public servants
All division heads, officers and employees of the corporation shall be considered public servants as defined in Section 25-4-103. All division heads and officers of the corporation are subject to Section 25-4-25 and shall be required to file a Statement of Economic Interest with the Mississippi Ethics Commission.
§ 27-115-89. Reports; annual audit by independent auditor
To ensure the financial integrity of the lottery, the corporation through its board shall: Compile and submit quarterly and annual reports and financial statements, in compliance with Sections 27-115-19(3)(b) and 27-115-41; Contract with an independent auditor who is a certified public accountant or firm to conduct an annual financial audit of the books and records […]