State Codes and Statutes

Statutes > Maine > Title8 > Title8ch14-Asec0 > Title8sec385

Title 8: AMUSEMENTS AND SPORTS

Chapter 14-A: LOTTERY HEADING: PL 1987, C. 505, §2 (NEW)

§385. Persons under 18 years; payment of prizes

If the person entitled to a prize or any winning ticket is under the age of 18 years and the prize is less than $5,000, the director may direct payment of the prize by delivery of a check or draft payable to the order of the minor to an adult member of the minor's family or a guardian of the minor. If the person entitled to a prize or any ticket is under the age of 18 years and the prize is $5,000 or more, the director may direct payment to the minor by depositing the amount of the prize in any bank to the credit of an adult member of the minor's family or guardian as custodian for the minor. The person named as custodian has the same duties and powers as a person designated as a custodian in a manner prescribed by the "Maine Uniform Transfers to Minors Act." For purposes of this section, the terms "adult member of a minor's family," "guardian of a minor" and "bank" have the same meanings as set out in that Act. The director is relieved of all further liability upon payment of a prize to a minor pursuant to this section. [RR 1993, c. 1, §18 (COR).]

SECTION HISTORY

1987, c. 505, §2 (NEW). RR 1993, c. 1, §18 (COR).

State Codes and Statutes

Statutes > Maine > Title8 > Title8ch14-Asec0 > Title8sec385

Title 8: AMUSEMENTS AND SPORTS

Chapter 14-A: LOTTERY HEADING: PL 1987, C. 505, §2 (NEW)

§385. Persons under 18 years; payment of prizes

If the person entitled to a prize or any winning ticket is under the age of 18 years and the prize is less than $5,000, the director may direct payment of the prize by delivery of a check or draft payable to the order of the minor to an adult member of the minor's family or a guardian of the minor. If the person entitled to a prize or any ticket is under the age of 18 years and the prize is $5,000 or more, the director may direct payment to the minor by depositing the amount of the prize in any bank to the credit of an adult member of the minor's family or guardian as custodian for the minor. The person named as custodian has the same duties and powers as a person designated as a custodian in a manner prescribed by the "Maine Uniform Transfers to Minors Act." For purposes of this section, the terms "adult member of a minor's family," "guardian of a minor" and "bank" have the same meanings as set out in that Act. The director is relieved of all further liability upon payment of a prize to a minor pursuant to this section. [RR 1993, c. 1, §18 (COR).]

SECTION HISTORY

1987, c. 505, §2 (NEW). RR 1993, c. 1, §18 (COR).


State Codes and Statutes

State Codes and Statutes

Statutes > Maine > Title8 > Title8ch14-Asec0 > Title8sec385

Title 8: AMUSEMENTS AND SPORTS

Chapter 14-A: LOTTERY HEADING: PL 1987, C. 505, §2 (NEW)

§385. Persons under 18 years; payment of prizes

If the person entitled to a prize or any winning ticket is under the age of 18 years and the prize is less than $5,000, the director may direct payment of the prize by delivery of a check or draft payable to the order of the minor to an adult member of the minor's family or a guardian of the minor. If the person entitled to a prize or any ticket is under the age of 18 years and the prize is $5,000 or more, the director may direct payment to the minor by depositing the amount of the prize in any bank to the credit of an adult member of the minor's family or guardian as custodian for the minor. The person named as custodian has the same duties and powers as a person designated as a custodian in a manner prescribed by the "Maine Uniform Transfers to Minors Act." For purposes of this section, the terms "adult member of a minor's family," "guardian of a minor" and "bank" have the same meanings as set out in that Act. The director is relieved of all further liability upon payment of a prize to a minor pursuant to this section. [RR 1993, c. 1, §18 (COR).]

SECTION HISTORY

1987, c. 505, §2 (NEW). RR 1993, c. 1, §18 (COR).