1. Operation and administration; rules. The commission shall have the power and it shall be its duty to operate and administer Tri-state Lotto and to promulgate rules governing the establishment and operation thereof, including, but not limited to, the following topics:
A. (TEXT EFFECTIVE UNTIL CONTINGENCY: See PL 1987, c. 566, §2) The type of lottery to be conducted; [1983, c. 732, §1 (NEW).]
A. (TEXT EFFECTIVE ON CONTINGENCY: See PL 1987, c. 566, §4) The type of lottery to be conducted, except that the game shall have no more than 36 numbers from which 6 are to be selected; [1987, c. 566, §§1, 2 (AMD).]
B. The price of the tickets; [1983, c. 732, §1 (NEW).]
C. The number and sizes of the prizes on the winning tickets; [1983, c. 732, §1 (NEW).]
D. The manner of selecting the winning tickets and paying the prizes; [1983, c. 732, §1 (NEW).]
E. The frequency of the drawings; [1983, c. 732, §1 (NEW).]
F. The type or types of locations at which tickets may be sold; [1983, c. 732, §1 (NEW).]
G. The method to be used in selling tickets; [1983, c. 732, §1 (NEW).]
H. The compensation required to be paid to Tri-state Lotto sales agents in order to assure adequate availability of tickets and public convenience in purchasing tickets; and [1983, c. 732, §1 (NEW).]
I. The development of an internal security plan designed to prevent player fraud. [1983, c. 732, §1 (NEW).]
[ 1983, c. 732, §1 (NEW) .]
2. Licensed sales agents. The commission, or its designee, shall also have the power and it shall be its duty to license sales agents to sell Tri-state Lotto tickets, in accordance with section 411. The commission may require a bond from any licensed agent in an amount to be determined by the commission.
[ 1983, c. 732, §1 (NEW) .]
3. Reports. The commission shall make monthly and year-end reports to the commissions of the party states, which shall include a full and complete statement of Tri-state Lotto revenues, prize disbursements and other expenses, and any other information the party states may require.
[ 1983, c. 732, §1 (NEW) .]
4. Audits. All Tri-state Lotto accounts and transactions shall be subject to annual post audits conducted by independent auditors retained by the commission for this purpose.
[ 1983, c. 732, §1 (NEW) .]
5. Corporate seal; contractual powers. In addition to the powers enumerated in this section, the commission may adopt a corporate seal and enter into contracts, including, but not limited to, contracts with other governments or agencies, to hire, lease, acquire and dispose of property to the extent necessary to carry out its functions, powers and duties as set forth in this chapter and to expend or authorize expenditures of moneys for the purpose of operating Tri-state Lotto pursuant to this compact. The party states each shall have the right to require such audit as that state may from time to time consider proper.
[ 1983, c. 732, §1 (NEW) .]
6. Additional powers. The commission also shall have such additional powers, incidental to the express powers granted to it by this compact, as may be necessary or proper for the effective performance of its functions.
[ 1983, c. 732, §1 (NEW) .]
SECTION HISTORY
1983, c. 732, §1 (NEW). 1987, c. 566, §§1,2 (AMD).
1. Operation and administration; rules. The commission shall have the power and it shall be its duty to operate and administer Tri-state Lotto and to promulgate rules governing the establishment and operation thereof, including, but not limited to, the following topics:
A. (TEXT EFFECTIVE UNTIL CONTINGENCY: See PL 1987, c. 566, §2) The type of lottery to be conducted; [1983, c. 732, §1 (NEW).]
A. (TEXT EFFECTIVE ON CONTINGENCY: See PL 1987, c. 566, §4) The type of lottery to be conducted, except that the game shall have no more than 36 numbers from which 6 are to be selected; [1987, c. 566, §§1, 2 (AMD).]
B. The price of the tickets; [1983, c. 732, §1 (NEW).]
C. The number and sizes of the prizes on the winning tickets; [1983, c. 732, §1 (NEW).]
D. The manner of selecting the winning tickets and paying the prizes; [1983, c. 732, §1 (NEW).]
E. The frequency of the drawings; [1983, c. 732, §1 (NEW).]
F. The type or types of locations at which tickets may be sold; [1983, c. 732, §1 (NEW).]
G. The method to be used in selling tickets; [1983, c. 732, §1 (NEW).]
H. The compensation required to be paid to Tri-state Lotto sales agents in order to assure adequate availability of tickets and public convenience in purchasing tickets; and [1983, c. 732, §1 (NEW).]
I. The development of an internal security plan designed to prevent player fraud. [1983, c. 732, §1 (NEW).]
[ 1983, c. 732, §1 (NEW) .]
2. Licensed sales agents. The commission, or its designee, shall also have the power and it shall be its duty to license sales agents to sell Tri-state Lotto tickets, in accordance with section 411. The commission may require a bond from any licensed agent in an amount to be determined by the commission.
[ 1983, c. 732, §1 (NEW) .]
3. Reports. The commission shall make monthly and year-end reports to the commissions of the party states, which shall include a full and complete statement of Tri-state Lotto revenues, prize disbursements and other expenses, and any other information the party states may require.
[ 1983, c. 732, §1 (NEW) .]
4. Audits. All Tri-state Lotto accounts and transactions shall be subject to annual post audits conducted by independent auditors retained by the commission for this purpose.
[ 1983, c. 732, §1 (NEW) .]
5. Corporate seal; contractual powers. In addition to the powers enumerated in this section, the commission may adopt a corporate seal and enter into contracts, including, but not limited to, contracts with other governments or agencies, to hire, lease, acquire and dispose of property to the extent necessary to carry out its functions, powers and duties as set forth in this chapter and to expend or authorize expenditures of moneys for the purpose of operating Tri-state Lotto pursuant to this compact. The party states each shall have the right to require such audit as that state may from time to time consider proper.
[ 1983, c. 732, §1 (NEW) .]
6. Additional powers. The commission also shall have such additional powers, incidental to the express powers granted to it by this compact, as may be necessary or proper for the effective performance of its functions.
[ 1983, c. 732, §1 (NEW) .]
SECTION HISTORY
1983, c. 732, §1 (NEW). 1987, c. 566, §§1,2 (AMD).
1. Operation and administration; rules. The commission shall have the power and it shall be its duty to operate and administer Tri-state Lotto and to promulgate rules governing the establishment and operation thereof, including, but not limited to, the following topics:
A. (TEXT EFFECTIVE UNTIL CONTINGENCY: See PL 1987, c. 566, §2) The type of lottery to be conducted; [1983, c. 732, §1 (NEW).]
A. (TEXT EFFECTIVE ON CONTINGENCY: See PL 1987, c. 566, §4) The type of lottery to be conducted, except that the game shall have no more than 36 numbers from which 6 are to be selected; [1987, c. 566, §§1, 2 (AMD).]
B. The price of the tickets; [1983, c. 732, §1 (NEW).]
C. The number and sizes of the prizes on the winning tickets; [1983, c. 732, §1 (NEW).]
D. The manner of selecting the winning tickets and paying the prizes; [1983, c. 732, §1 (NEW).]
E. The frequency of the drawings; [1983, c. 732, §1 (NEW).]
F. The type or types of locations at which tickets may be sold; [1983, c. 732, §1 (NEW).]
G. The method to be used in selling tickets; [1983, c. 732, §1 (NEW).]
H. The compensation required to be paid to Tri-state Lotto sales agents in order to assure adequate availability of tickets and public convenience in purchasing tickets; and [1983, c. 732, §1 (NEW).]
I. The development of an internal security plan designed to prevent player fraud. [1983, c. 732, §1 (NEW).]
[ 1983, c. 732, §1 (NEW) .]
2. Licensed sales agents. The commission, or its designee, shall also have the power and it shall be its duty to license sales agents to sell Tri-state Lotto tickets, in accordance with section 411. The commission may require a bond from any licensed agent in an amount to be determined by the commission.
[ 1983, c. 732, §1 (NEW) .]
3. Reports. The commission shall make monthly and year-end reports to the commissions of the party states, which shall include a full and complete statement of Tri-state Lotto revenues, prize disbursements and other expenses, and any other information the party states may require.
[ 1983, c. 732, §1 (NEW) .]
4. Audits. All Tri-state Lotto accounts and transactions shall be subject to annual post audits conducted by independent auditors retained by the commission for this purpose.
[ 1983, c. 732, §1 (NEW) .]
5. Corporate seal; contractual powers. In addition to the powers enumerated in this section, the commission may adopt a corporate seal and enter into contracts, including, but not limited to, contracts with other governments or agencies, to hire, lease, acquire and dispose of property to the extent necessary to carry out its functions, powers and duties as set forth in this chapter and to expend or authorize expenditures of moneys for the purpose of operating Tri-state Lotto pursuant to this compact. The party states each shall have the right to require such audit as that state may from time to time consider proper.
[ 1983, c. 732, §1 (NEW) .]
6. Additional powers. The commission also shall have such additional powers, incidental to the express powers granted to it by this compact, as may be necessary or proper for the effective performance of its functions.
[ 1983, c. 732, §1 (NEW) .]
SECTION HISTORY
1983, c. 732, §1 (NEW). 1987, c. 566, §§1,2 (AMD).
