§3A-733. Reports – Records – Audits – Submission of annual operating budget.
To ensure the financial integrity of the lottery, the Oklahoma Lottery Commission through its board of trustees shall: 1. Submit quarterly and annual reports to the Governor, State Auditor and Inspector, Oklahoma State Bureau of Investigation, Attorney General, and the oversight committee created by Section 734 of this title, disclosing the total lottery revenues, prize […]
§3A-734. Oklahoma Lottery Commission Legislative Oversight Committee – Report of level of participation of minority businesses.
A. There is hereby created as a joint committee of the Legislature the Oklahoma Lottery Commission Legislative Oversight Committee, to be composed of the members of the House Revenue and Taxation Committee and the Senate Finance Committee. The chairs of the committees shall serve as cochairs of the oversight committee. The oversight committee shall periodically […]
§3A-735. Operation of other forms of Class III gaming.
The enactment of a lottery in Oklahoma is game-specific and shall not be construed to allow the operation of any other form of Class III gaming, as defined by the Indian Gaming Regulatory Act, 25 U.S.C., Section 2703, under Oklahoma law unless specifically allowed by law and by a cooperative agreement with a federally recognized […]
§3A-719. Fidelity Revolving Fund – Payment of claims – Reserve account – Posting of bond or deposit of securities by retailers.
A. There is hereby created in the State Treasury a revolving fund for the Oklahoma Lottery Commission to be designated the “Fidelity Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations. All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended […]
§3A-729. Intelligence – Sharing agreements with federal government and other agencies – Disclosure.
A. The Oklahoma Lottery Commission may enter into intelligence-sharing, reciprocal use, or restricted use agreements with the federal government, law enforcement agencies, lottery regulation agencies, and gaming enforcement agencies of other jurisdictions which provide for and regulate the use of information provided and received pursuant to the agreement. B. Records, documents, and information in the […]
§3A-720. Cancellation, suspension, revocation, denial, rejection of renewal, or termination of contract – Temporary suspension.
A. Any retail contract executed by the Oklahoma Lottery Commission pursuant to the Oklahoma Education Lottery Act shall specify the reasons for which a contract may be canceled, suspended, revoked, or terminated by the Commission, which reasons shall include but not be limited to: 1. Commission of a violation of the Oklahoma Education Lottery Act, […]
§3A-730. Appeals.
A. Any retailer, vendor, or applicant for a retailer or vendor contract aggrieved by an action of the board of trustees of the Oklahoma Lottery Commission may appeal that decision to the district court of Oklahoma County. B. The district court of Oklahoma County shall hear appeals from decisions of the board and based upon […]
§3A-721. Personal liability for proceeds – Deposit requirements – Insolvency.
A. All proceeds from the sale of the lottery tickets or shares shall constitute a trust fund until paid to the Oklahoma Lottery Commission either directly or through the authorized collection representative of the Commission. A lottery retailer and officers of the business of a lottery retailer shall have a fiduciary duty to preserve and […]
§3A-731. Monies to be used for expenses and prizes – Purchase, lease, or lease-purchase of goods or services.
A. The Oklahoma Lottery Commission shall be self-sustaining and self-funded. Monies in the General Revenue Fund shall not be used or obligated to pay the expenses of the Commission or prizes of the lottery, and no claim for the payment of an expense of the lottery or prizes of the lottery may be made against […]
§3A-722. Computation of rental payments for retailer business premises – Percentage of retail sales.
If the rental payments for the business premises of a lottery retailer 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 state-operated or state-managed lottery, only the compensation […]