§ 44-40-121. Licensed Agent Recovery Reserve – Payments From Reserve – Revocation of License
There is hereby created in the lottery fund the licensed agent recovery reserve, which shall be used under the direction of the division in the manner prescribed in this section. Beginning January 1, 1988, each licensed sales agent shall pay to the division a fee. The amount of the fee and the frequency with which […]
§ 44-40-122. Revenue Bonds – Authority – Issuance – Requirements – Covenants
The commission may, by resolution that meets the requirements of subsection (2) of this section, authorize and issue revenue bonds in an amount not to exceed ten million dollars in the aggregate for expenses of the division. The bonds may be issued only after approval by both houses of the general assembly either by act […]
§ 44-40-123. Immunity
A lottery sales agent licensed pursuant to section 44-40-107 shall not be liable for monetary damages or otherwise for the sale of a lottery ticket that complies with this article 40, rules promulgated pursuant to this article 40, or orders issued by the director. Source: L. 2018: Entire article added with relocations, (HB 18-1027), ch. […]
§ 44-40-115. Legal Services
The attorney general shall provide legal services for the division and the commission at the request of the director or the commission. The attorney general shall make reasonable efforts to ensure that there is continuity in the legal services provided and that the attorneys providing legal services to the division and the commission have expertise […]
§ 44-40-116. Unlawful Acts
It is unlawful for any person: To sell a lottery ticket or share at a price greater than or less than that fixed by the commission; however, a lottery ticket or share that is offered at no additional charge in conjunction with the sale of a product or service shall not be deemed to violate […]
§ 44-40-117. Penalties
In addition to any other penalties that may apply, any person violating any of the provisions of section 44-40-116 commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501. Any person violating the sale restrictions of section 44-40-116 (1)(c) may also be proceeded against pursuant to section 18-6-701 for contributing to […]
§ 44-40-118. Advertising
Any promotional advertising regarding the lottery shall set forth the odds of winning and the average return on the dollar in prize money to the public. All promotional advertising expenses shall be paid from the lottery fund. Source: L. 2018: Entire article added with relocations, (HB 18-1027), ch. 31, p. 358, § 2, effective October […]
§ 44-40-119. Other Laws Inapplicable
Any other state or local law in conflict with this article 40 is inapplicable, but this section does not supersede or affect part 6 of article 21 of title 24. Source: L. 2018: Entire article added with relocations, (HB 18-1027), ch. 31, p. 358, § 2, effective October 1. Editor’s note: This section is similar […]
§ 44-40-120. Division Subject to Termination – Annual Financial Audits of the Division
Unless continued or reestablished by the general assembly acting by bill, the division shall terminate on July 1, 2049. The state auditor shall conduct annual financial audits of the division. At least once every five years, and more frequently in the state auditor’s discretion, the state auditor shall conduct an analysis and evaluation of the […]
§ 44-40-105. Executive Director – Duties
It shall be the executive director’s duty: To enter into contracts for materials, equipment, and supplies to be used in the operation of the lottery, for the design and installation of games or lotteries, and for promotion of the lottery. No contract shall be legal or enforceable that provides for the management of the lottery […]