If a 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 the computation of retail sales is not explicitly defined to include sales of tickets or shares, only the compensation received by the retailer from the Office of the Arkansas Lottery may be considered the amount of the lottery retail sale for purposes of computing the rental payment.
Ark. Code Ann. § 23-115-606
Retailer — Rental payments based on percentage of retail sales
Known as the Arkansas Scholarship Lottery Act
The act spans §§ 23–23 (66 sections).
Acts 2009, No. 605, § 1; 2009, No. 606, § 1; 2015, No. 218, § 25.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.