Louisiana Revised Statutes 47:9007 – Duties of the board; adoption of administrative regulations; rulemaking authority
Terms Used In Louisiana Revised Statutes 47:9007
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Board: means the board of directors of the Louisiana Lottery Corporation. See Louisiana Revised Statutes 47:9002
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means the Louisiana Lottery Corporation. See Louisiana Revised Statutes 47:9002
- Lottery: means any game of chance approved by the corporation and operated pursuant to this Chapter and shall not include sports wagering authorized pursuant to this Subtitle. See Louisiana Revised Statutes 47:9002
- President: means the president of the Louisiana Lottery Corporation, who shall also serve as chief executive officer of the corporation. See Louisiana Revised Statutes 47:9002
- Retailer: means any person with whom the corporation has contracted to sell lottery tickets to the public. See Louisiana Revised Statutes 47:9002
The board of directors shall provide the president with private-sector perspectives on the operation of a large marketing enterprise. The board shall:
(1) Approve, disapprove, amend, or modify the budget recommended by the president for the operation of the corporation.
(2) Approve, disapprove, amend, or modify the terms of major lottery procurements recommended by the president.
(3) Serve as a board of appeal for any denial, revocation, or cancellation by the president of a contract with a lottery retailer.
(4) Adopt such administrative rules and regulations in accordance with the provisions of the Administrative Procedure Act as may be necessary to carry out and implement its powers and duties, the operations of the corporation, the conduct of lottery games in general, and any other matters necessary or desirable for the efficient and effective operation of the lottery or convenience of the public.
Acts 1990, No. 1045, §1, eff. Nov. 7, 1990; Acts 1995, No. 1022, §1, eff. June 29, 1995.