- (a) Except for a lottery ticket or share claimed jointly in accordance with the provisions of this subpart, until such time as a name of an individual or individuals is imprinted or placed upon a lottery ticket or share in the area designated for "Name", the ticket or share is a bearer instrument and is owned by the bearer of the ticket or share.
- (b) When a name or names is placed on the ticket or share in the designated place, the ticket or share ceases to be a bearer instrument and only the individual whose name appears in that area is the legal owner of the ticket or share.
- (c) Only an individual or individuals may own a ticket or share and claim a prize.