State Codes and Statutes

Statutes > Arkansas > Title-19 > Chapter-5 > Subchapter-11 > 19-5-1138

19-5-1138. Lottery Commission Trust Fund.

(a) There is hereby created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Lottery Commission Trust Fund".

(b) The Lottery Commission Trust Fund shall consist of funds transferred from the Budget Stabilization Trust Fund.

(c) The Lottery Commission Trust Fund shall also consist of other moneys as may be authorized by law.

(d) The Lottery Commission Trust Fund shall be used for personal services and operating expenses associated with the Arkansas Lottery Commission.