If a lottery retailer‘s rental payments for the business premises are contractually computed, in whole or in part, on the basis of a percentage of retail sales, and such computation of retail sales is not explicitly defined to include sales of tickets in a state- operated lottery, the compensation received by the lottery retailer from the lottery shall be considered the amount of the retail sale for purposes of computing the rental payment.
Effective: December 15, 1988
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Terms Used In Kentucky Statutes 154A.430

  • Lottery: means any game of chance approved by the corporation and operated pursuant to this chapter, except for games prohibited by the General Assembly as provided for in KRS §. See Kentucky Statutes 154A.010
  • Retailer: means any person with whom the corporation has contracted to sell lottery tickets to the public. See Kentucky Statutes 154A.010

History: Created 1988 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 14, effective December 15,
1988.

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