Idaho Code 67-7419 – Lottery Game Retailer Payments
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 67-7419
- Commission: means the Idaho state lottery commission. See Idaho Code 67-7404
- Director: means the director of the lottery. See Idaho Code 67-7404
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
- state lottery: means the state lottery established and operated pursuant to this chapter. See Idaho Code 67-7404
No payment by lottery game retailers to the state lottery for tickets or shares shall be in cash. All such payments shall be in the form of a check, bank draft, electronic fund transfer, or other recorded financial instrument as prescribed by commission rule. The director may require lottery game retailers to deposit to the credit of the state lottery, in financial institutions designated by the director, money received by lottery game retailers from sale of tickets and/or shares, less the amount of compensation, if any, authorized under section 67-7414, Idaho Code, and to file with the state lottery reports of receipts and transactions in the sale of tickets in the form and containing the information the commission requires.