N.C. Gen. Stat. § 18C-142
Compensation for lottery game retailers
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The amount of compensation paid to lottery game retailers for their sales of lottery tickets or shares shall be seven percent (7%) of the face value of the tickets or shares sold for each lottery game. The Commission shall require submission of reports and remission of lottery revenues to the Commission on a timely basis.
The amount of compensation paid to lottery game retailers for their sales of lottery tickets or shares shall be seven percent (7%) of the face value of the tickets or shares sold for each lottery game. The Commission shall require submission of reports and remission of lottery revenues to the Commission on a timely basis.
History
(2005-344, s. 1; 2005-276, s. 31.1(n); 2009-357, s. 11.)
Effect of Amendments. - Session Laws 2005-276, s. 31.1(n), effective July 1, 2005, substituted "seven percent (7%)" for "six percent (6%)" in the first sentence, and substituted "require" for "authorize an incentive bonus of up to one percent (1%) of the retail price of the tickets or shares sold based on" in the second sentence.
Session Laws 2009-357, s. 11, effective July 27, 2009, substituted "face value" for "retail price" in the first sentence.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.