Ky. Rev. Stat. Ann. ch. 154A – State Lottery | Midpage

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Kentucky Revised Statutes

Chapter 154A

Ky. Rev. Stat. Ann. ch. 154A

State Lottery

Commonwealth of Kentucky

154A.010Definitions for chapter.154A.020State lottery created -- Administration by corporation -- Management -- Intent of General Assembly -- Senate confirmation required for corporation existence.154A.030Board of directors -- Senate confirmation -- Qualifications -- Terms -- Removal -- Chairman -- Standards of conduct -- Compensation -- Meetings -- Quorum -- Records -- Appointment and confirmation of corporation president -- Duties -- Removal -- Open board meetings.154A.040Records of corporation deemed open -- Exceptions -- Circuit Court jurisdiction of records.154A.050Duties of board.154A.060Conduct and administration of lottery games -- Powers and duties of corporation -- Authorized contracts -- Withholding lottery prize money for child support arrearages and default on higher education loans.154A.063Prohibited lottery games.154A.065Contests involving horses may be basis for a lottery.154A.070Powers and duties of corporation's president.154A.080Personnel program for employees -- Conflict of interest provisions -- Background investigations -- Employment of specified persons by corporation prohibited.154A.090Appeals -- Circuit Court alternatives.154A.100Bond, letters of credit or other surety.154A.110Prizes taxable -- Withholdings from prize -- Verification rules and prize payments, exceptions -- Unclaimed prize money -- Corporation's liability -- Ineligibility to purchase tickets and receive prizes -- Conditions for assignment of prize.154A.120Procurement procedures -- Administrative regulations for procurement -- Bidding and negotiation processes.154A.130Deposit of moneys -- Expenditures and investments authorized -- Allocation of funds -- Transfer of revenues to general fund -- Lottery trust account -- Credit from general fund to literacy fund and higher education scholarships -- Postaudit of corporation's books and records -- Functions of Auditor of Public Accounts -- Annual newspaper publication of information.154A.140Acceptance and expenditure of moneys by corporation -- Corporation to be self sustaining and self funded.154A.150Ticket distribution.154A.160Prohibitions.154A.400Statewide network of lottery retailers -- Criteria for selection -- Uniform fees -- Suspension, revocation or termination of contract -- Purchase or lease of on-line equipment -- Contracts not transferable or assignable -- Certificates -- General Assembly members not prohibited from being retailers -- Payment of prize -- Sales tax exemption.154A.410Content of contracts -- Powers of president in regard to contracts.154A.420Proceeds from ticket sales to constitute trust fund -- Administrative regulation governing retailers' deposit of lottery proceeds -- Liability of lottery retailers -- Priority of debt to corporation -- Lien to secure retailer's obligation to remit proceeds.154A.430Computation of retailer's rental payments.154A.440Ticket price -- Gift -- Sale -- Tickets given as means of business promotion -- Location of sale.154A.450Lottery vending machines located within sight of retailer's employee -- Exceptions.154A.600Purchase, lease, or lease-purchase of goods or services -- Investigation of prospective contractees -- Disclosure requirements -- Prohibited contracts, exceptions -- Vendor's performance bond, letter of credit or deposit of security -- Liquidated damages -- Laws governing contracts.154A.650Criminal background investigations -- Duties of corporation or its security division.154A.990Penalties.