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Rhode Island General Laws Title 42. State Affairs and Government § 42-61-6. Proceeds of sales--Segregated funds

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) All proceeds from the sale of lottery tickets or shares received by a person in the capacity of a sales agent shall constitute a trust fund until paid into the state lottery fund.

(b) The sales agent shall be personally liable for all proceeds; and failure to pay the lottery division moneys owed, upon demand, from the sales or misappropriation of the funds shall constitute embezzlement under § 11-41-3.

(c) The provisions of this section shall be enforced and prosecuted by the state police and the attorney general's office.

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Cite this article: FindLaw.com - Rhode Island General Laws Title 42. State Affairs and Government § 42-61-6. Proceeds of sales--Segregated funds - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-42-state-affairs-and-government/ri-gen-laws-sect-42-61-6/

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