State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_18C > GS_18C-121

§ 18C‑121. Accountability; books and records.

The Director shall have madeand kept books and records that accurately and completely reflect each day'stransactions, including the distribution of tickets or shares to lottery gameretailers, receipt of funds, prize claims, prizes paid directly by theCommission, expenses, and all other financial transactions involving lotteryfunds necessary to permit preparation of financial statements that conform withgenerally accepted accounting principles. (2005‑344, s. 1; 2005‑276, s. 31.1(h).)