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Miss. Code Ann. § 27-115-53

Acceptance and expenditure of monies; corporation intended to be self-sustaining and self-funded

Known as the Alyce G. Clarke Mississippi Lottery Law

The act spans §§ 27–27 (46 sections).

Laws, 2018, 1st Ex Sess, ch. 2, § 27, eff from and after September 1, 2018.

(1) The corporation may accept and expend such monies as may be appropriated by the Legislature or such monies as may be received from any source, including income from the corporation’s operations, for effectuating its corporate purposes, including the payment of the initial expenses of administration and operation of the corporation and the lottery.

(2) The corporation is intended to be self-sustaining and self-funded. Monies in the State General Fund shall not be used or obligated to pay the prizes of the lottery, and no claim for the payment of an expense of the lottery or prizes of the lottery may be made against any monies other than monies credited to the corporate operating account.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.