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R.I. Gen. Laws § 42-61-6

Proceeds of sales — Segregated funds

Applied in 2 court decisions — leading case Illinois, Department of Lottery v. Marchiando (In Re Marchiando) (1992)

Most recently applied in Tennessee Education Lottery Corp. v. Cooper (In Re Cooper) (June 2010)

P.L. 1984, ch. 180, § 2; P.L. 2005, ch. 234, § 1; P.L. 2005, ch. 236, § 1.

(a) All proceeds from the sale of lottery tickets or shares received by a person in the capacity of a sales agent shall constitute a trust fund until paid into the state lottery fund.

(b) The sales agent shall be personally liable for all proceeds; and failure to pay the lottery division moneys owed, upon demand, from the sales or misappropriation of the funds shall constitute embezzlement under § 11-41-3.

(c) The provisions of this section shall be enforced and prosecuted by the state police and the attorney general’s office.

Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.