Section 99G.21 – Authority powers, transfer of assets, liabilities, and obligations.
99G.21 Authority powers, transfer of assets, liabilities, and obligations. 1. Funds of the state shall not be used or obligated to pay the expenses or prizes of the authority. 2. The authority shall have any and all powers necessary or convenient to carry out and effectuate the purposes and provisions of this chapter which are […]
Section 99G.22 – Vendor background review.
99G.22 Vendor background review. 1. The authority shall investigate the financial responsibility, security, and integrity of any lottery system vendor who is a finalist in submitting a bid, proposal, or offer as part of a major procurement contract. Before a major procurement contract is awarded, the division of criminal investigation of the department of public […]
Section 99G.23 – Vendor bonding, tax filing, and competitive bidding.
99G.23 Vendor bonding, tax filing, and competitive bidding. 1. The authority may purchase, lease, or lease-purchase such goods or services as are necessary for effectuating the purposes of this chapter. The authority may make procurements that integrate functions such as lottery game design, lottery ticket distribution to retailers, supply of goods and services, and advertising. […]
Section 99G.24 – Retailer compensation — licensing.
99G.24 Retailer compensation — licensing. 1. The general assembly recognizes that to conduct a successful lottery, the authority must develop and maintain a statewide network of lottery retailers that will serve the public convenience and promote the sale of tickets or shares and the playing of lottery games while ensuring the integrity of the lottery […]
Section 99G.25 – License not assignable.
99G.25 License not assignable. Any lottery retailer license certificate or contract shall not be transferable or assignable. The authority may issue a temporary license when deemed in the best interests of the state. A lottery retailer shall not contract with any person for lottery goods or services, except with the approval of the board. 2003 […]
Section 99G.26 – Retailer bonding.
99G.26 Retailer bonding. The authority may require any retailer to post an appropriate bond, as determined by the authority, using a cash bond or an insurance company acceptable to the authority. 2003 Acts, ch 178, §79, 121; 2003 Acts, ch 179, §142
Section 99G.27 – Lottery retail licenses — cancellation, suspension, revocation, or termination.
99G.27 Lottery retail licenses — cancellation, suspension, revocation, or termination. 1. A lottery retail license issued by the authority pursuant to this chapter may be canceled, suspended, revoked, or terminated by the authority for reasons including, but not limited to, any of the following: a. A violation of this chapter, a regulation, or a policy […]
Section 99G.28 – Proceeds held in trust.
99G.28 Proceeds held in trust. All proceeds from the sale of the lottery tickets or shares shall constitute a trust fund until paid to the authority directly, through electronic funds transfer to the authority, or through the authority’s authorized collection representative. A lottery retailer and officers of a lottery retailer’s business shall have a fiduciary […]
Section 99G.29 – Retailer rental calculations — lottery ticket sales treatment.
99G.29 Retailer rental calculations — lottery ticket sales treatment. 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 […]
Section 99G.7 – Duties of the chief executive officer.
99G.7 Duties of the chief executive officer. 1. The chief executive officer of the authority shall direct and supervise all administrative and technical activities in accordance with the provisions of this chapter and with the administrative rules, policies, and procedures adopted by the board. The chief executive officer shall do all of the following: a. […]